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What Investment mistakes you made that you want others to avoid?
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<blockquote data-quote="Rockfella" data-source="post: 2302582" data-attributes="member: 10537"><p>Yes you can. Current situation does not matter. Noon can predict what will happen in the future. Worst thing you can do is analyse too much and waste time. Just invest and monitor the fund. Second worst or best thing that can happen is market will correct itself (it will fall). The con of this is you might see negative returns for few months (Don't withdraw during that time) and the pro is you will get better cheaper NAVs. Just look at the better side of things and start asap. Waiting won't help. Specially for you since you don't have a time frame in mind .. eventually market will go up and you will reap benefits. Keep in mind after investing for 10 years your entire investment amount will almost double in 2/3 years and that is when the magic starts.</p></blockquote><p></p>
[QUOTE="Rockfella, post: 2302582, member: 10537"] Yes you can. Current situation does not matter. Noon can predict what will happen in the future. Worst thing you can do is analyse too much and waste time. Just invest and monitor the fund. Second worst or best thing that can happen is market will correct itself (it will fall). The con of this is you might see negative returns for few months (Don't withdraw during that time) and the pro is you will get better cheaper NAVs. Just look at the better side of things and start asap. Waiting won't help. Specially for you since you don't have a time frame in mind .. eventually market will go up and you will reap benefits. Keep in mind after investing for 10 years your entire investment amount will almost double in 2/3 years and that is when the magic starts. [/QUOTE]
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What Investment mistakes you made that you want others to avoid?
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