Should I buy ASX shares now, or wait for a stock market crash?

a businessman looks into a graph on the floor as a tornado rises, indicating share market chaos

Image source: Getty Images

Stock market crashes can cause a lot of pain when they do occasionally occur. When a crash happens, there’s widespread and indiscriminate selling by fearful investors.

While living through a bear market is unsettling, it can also often be the time of the cheapest share prices. Hence, there are both positives and negatives to buying today or waiting for a stock market crash, so let’s consider both strategies.

Wait for a stock market crash

When we look back at previous bear markets like the GFC, the 2020 COVID-19 crash or the inflation worries of 2022 on a chart, there were significant declines of around 30% for many ASX shares, and some dropped more than 50%.

The Wesfarmers Ltd (ASX:…

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