I'm very fresh to the stock market and have only a few months of experience in reading up on how everything works through books, news and watching your money on sky business channel. I am someone in my mid 20's that has started putting money into a high interest savings account (5.6%) and when ready put together a portfolio ranging from blue chips for long term investment and some mid caps for a higher capital gain in the mid term to try and put together enough for a significant down payment. I work in the mining services sector and can see first hand how bad we are doing at the moment due to obvious reasons in the economy. Being involved in the mining sector I find it hard to shy away from such investments even though I realise the volitility at the moment.
I would like to know whether the experienced folk in here believe that as someone stepping into the market, would it be wise to take advantage of such a crash in the market by buying up now, or waiting for things to start heading on up before trying my luck. Should someone like me wait until everything has settled down or am I wasting a great opportunity.
Maybe if some of the experienced people in here share their experience or journey through the rocky road of shares from their beginnings to now?
Thanks for your time!