As 2020 comes to an end, we need to start preparing for the future. So what exactly happened in the past 1 year? Looking back, there were various macro developments which occurred this year such as the March Covid-19 Crash, Oil Price War between OPEC and Russia, Black Lives Matter rioting, Covid-19 lockdowns and economic recessions as well as the hotly contested US Presidential election.
There is no such thing as best time to invest, but to invest for the long run without cashing out.
All these events affected the stock market one way or another, and despite all these crazy volatilities that we’ve seen in March, September and November, the stock market managed to hit all time highs and this comes to prove you one thing: There is no perfect timing to invest, the best time to start investing is now because stocks are businesses and good businesses grow over time....