When Is The Best Time To Buy?...When You Have Money

Everybody is concerned when it is the best time to buy.

Are we at the bottom yet? Can it be any bottom..er? That is the question. At least this is what I see a lot on AR.

It is like asking whether we are already dead. Pinching ourselves does not really help, as we are afraid to inflict pain, and even if we still feel pain, who knows what you feel when you are dead?

Of course we know where the bottom will be. We will recognize when we are the very bottom. It is like porno: nobody can define it, but everyone knows it when they see it.

This is a myth. It is not porno (even if you find some similarities). The reality is that we know the bottom only after we pass it. So, we will know the best time to buy AFTER we are past that time.

We know when the greatest price was when we have to pay more today than yesterday. We do not know what the best price you can get for your home until you can’t get today what you could get yesterday. You never buy for the best price, and never sell for the best price, unless by accident. Sheer coincidence. Not by knowledge.

We can catch the trend, which has the duration. So, we can buy when the market is slow for as low as possible. A bit earlier, a bit later, which we will know only after this trend is replaced with another trend.

So, do you buy now or wait? There are many good answers. The simplest answer does not depend on whether we are at the bottom of the market. It depends whether you are at the bottom of your wallet.

Can you buy today? Often times the simplest answers are... the simplest...