Should I start investing in Index Funds now or wait till it’s cheaper when recession hits?

Depends on your approach, if it's passive, just Dollar Cost average and don't be afraid to start! Trust the stratergy

If you are doing active investing, not the worse thing to do to buy now, the index will go higher over the long term. You can use technical analysis and market sentiment to guide you where the markets may go. This week's sentiment is most bullish it has been since the bear market earlier this year. May want to be cautious.

Do note recession has already hit. Nobody knows when the next one will be.

The best time was yesterday, the next best time is today

I see this kind of questions all the time.

If you are going to wait till "its cheaper", then you will be waiting forever.

Understand the importance of "TIME IN THE MARKET" because even if you are the unluckiest person who buys at All Time Highs and the market crashes, if you hold on and not panic sell, you will still make a decent return which is way higher than inflation and compound your capital if you are patient and stay long term.

On the other hand, if you are constantly fixated on news and short term market noises telling you of "stock market uncertainty," "Market is going to tank," "Recession is coming," "stocks are overvalued." etc, then good luck. You are controlled by Mr Market and his irrational mood swings. That is also called "Following the crowd" and having herd mentality which is something that should be avoided at all cost.

I would recommend you to invest in your knowledge first before rushing into investments. We learn about basic math before we move on to more complicated calculus and algebra, so why are people rushing to buy stocks when they know absolutely nothing??? There is no shortcut when it comes to invesitng as well. You can start with easy to read books such as One up On Wall Street or The little book that beats the market. If you hate reading books, you can go youtube and watch "The Swedish Investor" where he break down books into smaller bite size pieces which are easy to understand.

Hope this helps.​​​

Hello,
Time in the market is better than timing the market. You may think that now is a bad time but what if the stock market continues rising and never look back? Then again, there's a chance that it will fall further as well. So why not dollar cost average and spread out your risk since it will go up on average 8% every year (for s&p 500) 😂