Higher Wealth is much more important than a Higher Rate of Return

Whenever an investing term comes to everyone's mind, many investors think of the right time to start their investment so that they get a good rate of returns. Like people would have thought that if they would have invested in 2020, they would have got 100% returns on investment. Now since he/she has not invested on 2020, he is waiting for another time like 2020 but he might not get that time for sure. That's why in investment there is a saying that the right time to invest is now which fits all investors who want to create the wealth and achieve his/her financial goals.

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Like if the market is high, investors would have thought of stopping their ongoing investment as the rate of returns will be less or withdrawing the invested money as they have got good returns. This is because they want to see a high Rate of Returns on their investment and if they do not do these things they might lose the good rate of returns. But the problem is how do you know that the market is at its peak or do you know to time the market, have you achieved your financial goals?

If the answer to these questions is no, that means you are not fully prepared to track the high rate of returns. Actually, we should not go for the higher rate of returns but for higher wealth so that in the long run we will be able to achieve our financial goals. There is no guarantee that you will get a higher rate of returns always, but there is a guarantee that if you remain invested, you will surely get higher wealth.

So, in conclusion, there is no right time to invest but we should be focusing on the goals to invest and achieve that goal. Getting a good CAGR of the rate of returns is good but that does not mean you will get that returns always. No one can time the market, and neither you so continue investing to complete your goals. In simple terms discipline is what makes the goals achieved, so be disciplined and invest.

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