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Is the new year the best time to invest?

The article from Which? discusses whether the New Year is an optimal time for investing, highlighting several key points. It suggests that while January can be a good time due to the 'January effect' where stocks might rise after tax-related selling in December, there's no definitive best time to invest as markets are unpredictable. The article advises that instead of timing the market, investors should focus on their long-term financial goals, risk tolerance, and investment strategy. It also mentions the potential benefits of investing during market dips, as buying assets at lower prices can lead to higher returns over time. Furthermore, the piece emphasizes the importance of diversification, regular investing, and not being swayed by short-term market movements. Lastly, it touches on the psychological aspect of starting fresh with New Year resolutions, which might motivate people to begin investing, but cautions against impulsive decisions driven by FOMO (Fear Of Missing Out).

Read the Full Which Article at:
[ https://www.which.co.uk/news/article/is-the-new-year-the-best-time-to-invest-anYa57b0xwO2 ]