4 ms·
If you're investing for the long term then you won't even notice the impact of the recession by the time you take out your money (if you graph out your gains ov
by chocolatebunny 9y ago
If you're investing for the long term then you won't even notice the impact of the recession by the time you take out your money (if you graph out your gains over time it'll look like a small bump).
If you wait, then you may wait several years for the recession to happen, several years during the recession and then several years because you're not sure if the market is recovering or if it'll drop back down again. So at the end of the day there's a good chance you'd be worse off than if you invested right away.