The right time to buy is...

1. When you can immediately make money (equity or capital gains) on your purchase
2. You have the money in cash or in the bank
3. You have done due diligence in finding more valuable alternatives
4. After your needs are met (if it is a luxury)
5. When no one else is buying (if it is real estate or business acquisitions)
6. When your spouse concurs with you 
7. Occasionally and sparingly
8. When emotions are in check
9. When you need to (not want to)
10. Now if it benefits others, especially your family
11. After savings
12. After charitable giving

 

 

(Photo courtesy anankkmi)

Comments

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If its not to much to ask could you write some more about this. Keep up with good posts.