Hey guys,
Not sure if you have stumbled across this article (and the ensuing comments, albeit some painful comments)
http://www.news.com.au/finance/real...ry/story-fndban6l-1227323065428?pg=1#comments
Being a young investor myself (well a prospective one anyway), I agree with the article in the sense of encouraging him to work hard, save and get into the market early..
But as a few of the comments suggest (90% of them are pure rubbish), I feel its also very risky for people to over-leverage themselves during a peak of a cycle.
What are your thoughts on it? Is it better to wait until the timing is right, you're financially secure and wiser? Alternatively, do we get in there as early as possible regardless of what the market is doing?
Not sure if you have stumbled across this article (and the ensuing comments, albeit some painful comments)
http://www.news.com.au/finance/real...ry/story-fndban6l-1227323065428?pg=1#comments
Being a young investor myself (well a prospective one anyway), I agree with the article in the sense of encouraging him to work hard, save and get into the market early..
But as a few of the comments suggest (90% of them are pure rubbish), I feel its also very risky for people to over-leverage themselves during a peak of a cycle.
What are your thoughts on it? Is it better to wait until the timing is right, you're financially secure and wiser? Alternatively, do we get in there as early as possible regardless of what the market is doing?