Don’t Wait for the Job Market to Turn Before Investing
Archives: Investing
This morning, one of my co-workers asked me, “What turns around first – the economy or the job market?” My answer: “The economy usually turns first. Employment is a lagging indicator, because companies need to see an increase in demand for their products before they see the need to start increasing their payrolls.”
The stock market tends to lead the economy. It heads lower before the economy does, and it tends to start heading higher before the economy recovers. So if you have your investment portfolio on the sidelines, you shouldn’t wait for the economy to turn higher before you start investing.
My advice is to start getting your money back into the market now. If you wait until the employment picture turns around, you will be late to the game.
[Ed. Note: The market may not look so hot right now. But you should be ready to take action when the moment strikes. Some incredible opportunities are headed your way, and market analyst Rick Pendergraft has put together an educational program that lays out the simple steps you need to take advantage of them. Not only do you get three months of Rick's best recommendations, you also learn how to make good investment choices yourself. Get the details here.]
Comments