Let's suppose you're one of those investors who has been watching and waiting and thinking about how and when to get into the stock market, but it never seems like the right time. For you there is good news and bad news. The bad news is that you're never going to wake up one morning and hear a voice that says: "Today is the day. Tomorrow the market begins its climb."
I have a friend who always asks me, "What should I buy now?" I'll give her an answer, and then, when I see her two or three months later, she says: "Mary, that investment you recommended went up, and then I thought it was too expensive. Then it went down, and I thought maybe it wasn't as good as you thought it was. So I just couldn't decide what to do."