Why There's No Perfect Time To Start Investing (Start Now!)
Jos Ross • September 1, 2020
Why There's No Perfect Time To Start Investing (Start Now!)
Missing out on IPOs is like learning about your friend’s birthday party that you weren’t invited to.
It hurts! I missed out on Netflix’s, Spotify’s and Uber’s, but I definitely won’t be missing out on Fundrise’s IPO announcement. I've been investing with Fundrise
since 2018 and when I tell you I am ready, I mean it. I actually set aside a separate account for investments so that I am ready when the time comes.
You see, investing is kind of like dating. You want to do it but you’re also kind of fearful of wasting your time (and money). You also have family and friends involved but still a little hesitant on IF it’s for you.
The fact is, there is no perfect time to start investing. The time is now.
Just to put things into perspective, let’s take Netflix for example. Netflix went public on May 23, 2002, with an initial public offering (IPO) price of $15 per share. It is now holding a share price of $492.31 (as of 8/21). You do the math. Imagine trying to buy Netflix now for $15. It's nearly impossible unless you want to go the fractional shares route. (Which is actually how I started investing, my first fractional share was with Nike. I've since bought full shares.)
That’s a lot of money attached to a lot of value.
I will never consider myself an investment expert but I can tell you more about my experience and differences between the platforms I use to buy, sell and trade. Check out my other blog
where I offer my recommendations.
Also, if you've been following me for a while, you know that I am team REITs (real estate investment trusts). Think of these as shares of real estate vs. company stocks. REITs can be residential (like large apartment buildings)
or commercial (like the offices that we used to work in prior to the pandemic). They actually perform better than traditional stocks for me and have generated the most returns (i.e. dividends a la free money). I talk about my experience with those in my eBook.
When did you start investing and what has your experience been like? Comment below!
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