When Is the Perfect Time to Invest?

Trying to time the market rarely works out well. Instead, be sure to have enough cash on hand to cover you in good times and bad.

While I never have seen a survey inquiring about the desire for investing at the perfect time, I am pretty confident that the resounding response to such a question would be, "Yes! I would like it if I could identify the perfect time to invest." At the same time, isn't that desire for certainty exactly what all the scam artists use to defraud investors? They come along with their great-sounding ideas about how this is the perfect time or the worst time to invest and offer you a strategy to take advantage of that situation—that happens to make them, not you, rich.

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Robert Klosterman, CFP®
CEO & Chief Investment Officer, White Oaks Investment Management, Inc.

Robert Klosterman, CFP® is the CEO and Chief Investment Officer of White Oaks Investment Management, Inc., a fee-only investment management and wealth advisory firm. Bob is the author of the book, "The Four Horsemen of the Investor's Apocalypse. White Oaks has been recognized by CNBC.com as one of the "Top 100 Fee-Only Wealth Management firms in the country.