The truth is, we can never know what’s coming next for the market. It’s not something that can be predicted, because everything humans know is already “priced in”. That makes future short term changes chaotic and random.

But long term (many years), we do know something: The market goes up. In order for the world to exist, we need companies to provide goods and services. In order for companies to exist, they must profit. Owning the companies of the world funnels those profits to you. Over the short term, there’s speculation built into the price. But long term, the growth and profits of those companies inevitably are delivered back to the investor.

Be that investor! As the paraphrased proverb goes, the best time to start investing was 20 years ago. The second best time is today. Don’t wait for a good market. Don’t be afraid of a bad market. Invest early and often.

As always, reminding you to build wealth by following the two PFC rules: 1.) Live below your means and 2.) Invest early and often.

-Jeremy