Looking back at the history of all major stock markets it only takes a short amount of time for prices to recover and start growing again after a bear market.
So, whenever these types of declines happen many people use them as an opportunity to get in on the action to take advantage of the eventual recovery. While our basic strategies don’t require you to time the market and work whatever the situation, as long as you leave them for long enough, you can get an immediate boost to your returns by buying your stocks cheap.
Investing in the stock market works best long-term as you will inevitably get periods like the current crash. One of the best and easiest way to invest is utilising funds, as they don’t require you to select any specific stocks, and some invest in whole markets meaning your risk is automatically diversified.
As Warren Buffet says ‘be fearful when others are greedy and greedy when others are fearful’
So although timing won’t really matter in the end, now is still a great time to start investing!
This article from Forbes provides more information, https://www.forbes.com/sites/davidrae/2020/03/22/is-now-the-time-to-buy-stocks/#75baccf1829e