Originally Posted by
wqmai
Partially agreed. For investment, I wont say now is a bad time to go in since now is not the peak.
A lot of people like to buy things at the peak, whether its car, shares, property.
When low, they say it will go lower, lower and lower. When economy had recovered and price much higher, they said that now is the time to go in. Smart ones will cash out when majority are going in, waiting for the next recession.
This had happened not once, twice, but many many times. Thats why the only way to be sure of earning money is buy during recession, buy when people are selling. Wait for economy to recover to buy when majority is buying, I would say not bad also cos those bought during recession can cash out.