Now, here’s a good question.
The answer is…Yes! At the moment the market is at a low. There is only a short window, however, before the prices will begin to reach their all-time high. There is definitely an opportunity for growth, you just have to be willing to jump in!
“Vision without action is daydream. Action without vision is nightmare.” – Japanese Proverb
But, we also have to learn how to be “fearful when others are greedy”, meaning that you should research and see the trends so that we don’t fall into traps. For example, if everyone is buying a particular stock in a rush, for whatever reason, that in and of itself will cause the price of the stock to rapidly increase due to the supply and demand principle, but it may not be sustainable.
You want to use your ability to take advantage of people’s inability to see value. This is comparable to seeing a sale on shoes in a department store (who doesn’t like shoes?) and no one else sees the shoes at that sale price. Take advantage of everyone else’s indecision and make a decision.
Here is a term that will aid you in your investment journey: VUCA (which stands for Volatility, Uncertainty, Complexity, and Ambiguity). This is a term that is widely used in the business industry. In today’s market, stocks are lacking in predictability and stability (Volatility), and we are unable to foresee major changes (Uncertainty).
In fact, markets are so complex now because of new sectors and industries, that there are new regulations in place to address this complexity. The results of this “new era” of trading often leaves individuals with an ambiguous feeling of worry.
It’s important to learn how to navigate a VUCA environment and still make a profitable gain. If you think of complexity as new opportunities for growth, it is possible to see that the market isn’t so volatile. The market has to adjust to the integration of new industries. The ambiguous feeling of uncertainty will begin to fade away when we actually stop to notice the patterns and trends of today’s market.
So to sum up, I’ll leave you with this quote:
“Don’t worry about failures, worry about the chances you miss when you don’t even try.” – Jack Canfield