Is it a good time to enter the market or are there still worse
times to come?
Q.
Fearing what was coming, we cashed out of shares in July, 2007.
It seems that PE ratios are still higher than the historical
averages and housing affordability is still at around seven times
earnings vs the typical three times. Is it yet time to be thinking
about going back into the market, or is there worse to come?
A.
It's a sad truth that nobody can tell for sure when it is the
right time to enter and leave the market. However, if you can take
a long-term view, and buy quality shares when the market is having
a downturn you should do well. Remember, the market has never
failed to make a new high after a major low.
Each week financial advisor Noel Whittaker answers your
questions.
