Just Keep Buying
This is the investing mantra that can change your life. These 3 words can make you rich. What I am talking about is the continual purchase of a diverse set of income producing assets. I am not talking about when to buy or how much to buy, just to keep buying. The idea seems simple because it is simple.
Many investors focus on the right time to buy stocks because they don’t want to buy near a peak in case of a future market crash. I understand the feeling. With the market near all time highs in early 2017, it can be tempting to hold off until there is a larger negative adjustment in prices.
For example, if you search “stock market overvalued 2012” on Google you can find plenty of stories discussing how overvalued stocks were in 2012. If you had started waiting for an S&P 500 correction then, you would have missed out on the ~70+% increase in prices from 2012 through early 2017.
And I am not just picking on 2012, you can search in 2013, 2014, etc., and find similar accusations of the market being overvalued. Remember, there are always many reasons to sell.
