facebookI have done my homework and decided on the company to invest, but I'm not sure when to buy and put in my order. How will I know when is the perfect time? - Seedly

Anonymous

04 Aug 2020

βˆ™

General Investing

I have done my homework and decided on the company to invest, but I'm not sure when to buy and put in my order. How will I know when is the perfect time?

I am 25 and has decided to buy my first stock.

Should I hold on for a while more where there is the possibility of that the stock price might fall slightly?

SeedlyTV S2E05

Discussion (7)

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Lim Qin Da

20 May 2020

Finance & Business Analytics at National University of Singapore

Answers from the panel!

Sudhan (Seedly): It is indeed very hard to time the market. So for me, after I have researched on the company and I think that it has a great potential to grow, I would just invest straight away and not think about when to invest. I would also have the expectation for the stock to drop after I invest. With that, if it goes up then it's a bonus. I would invest for the long term, 5/10 years or even longer. If it is a long horizon, a few cents down would not really matter.

Ser Jing (The Good Investors): There is no perfect time to buy a share (Amazon example). So if you find a really good business that you think is worth at a reasonable price, by all means I think you should go for it.

For more discussions on SeedlyTV S2E05, you could check out the video and Q&A here! ​​​

Pretty sure doing all homework also include knowing what companies to buy & buy at what target price range to ensure you dont over paid for it

It doesnt really matter if you are going for long-term investing, like 10-20 years. I would say just buy it when you and others consider the price is low (if the stock is popular, people will talk about it when price is low)

Sorry, my private feeling, no insult intended, as to Your homework:

-single stock investing could be mistake #1 (as many finance studies have demonstrated)

-thinking that there is an appropriate entry point could be mistake #2 ('market timing')

what also to avoid, find (if You still like) here:

https://seedly.sg/questions/what-is-your-genera...

If you are having this mentality that the stock price will keep dropping, you will end up 'missing t...

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