00:00There's no such thing as a bad time to get in if you've got a long period of time to work with.
00:04I tell people that if you actually bought the top of the market the last time before the market plummeted in a significant way, which would have been November 2007, between that price now and today's prices, you still would have made four and a half times your money over 18 years, which is a really good return.
00:21And if you've been wise enough to buy at the bottom of the market, you would have made over nine times your money in that time frame, which would have bottomed around March 2009.
00:28So I don't think there's a bad time to get in the market if you haven't started putting money in the stock market yet.
00:33There are better times than others.
00:35And as famously described for many, many years, you want to buy fear and sell greed, so to speak.
00:41So when people are giddy with anticipation of how much money they're making, you probably don't want to be as aggressive.
00:47And when people are running for the hills and saying the sky is falling, you probably want to be more aggressive at investing.
00:52But there's really no such thing if you've got 10, 20, 30 years to work with.
00:55There's no such thing as a bad time to put money in the market.
