When is right to move onto TH8

Hello all,

I'm relatively new to CoC, and i'm at a point now where i'm wondering if i should move onto TH8.
Now before the flame train comes on in regards to "googling the question" i have already. I've gotten a few differing opinions on when to upgrade. Some say that you should max EVERYTHING before moving on to TH8, while others say you should move on when you're done the walls. I also see some people posting that you should upgrade when you no longer have anywhere to dump your gold into.

My current situation is this:

1. Maxed storage
2. full level 7 walls
3. 3 level 8 barracks with 1 level 5 barracks
4. 3 lvl 10 mines, with 2 lvl 9
5. 4 lvl 8 elixer, 1 lvl 7
6. lvl 2 de storage, lvl 2 drill
7. lvl 2 barb king
8. 2 level 4 wiz towers
9. 2 lvl 5, 1 lvl 3 mortar
10. 4 lvl 7 archer tower
11. lvl 4 and lvl 2 ad
12. 4 lvl 7 cannon towers
13. max clan castle, max bombs,
14. lvl 4 barcher, giant, wiz and lvl 2 spell factory

Now im at a point where i have literally 4million elixer EVERY DAY, can't spend it, and i imagine my gold is going to only build up since i just finished my walls.

Any advice would be greatly appreciated for a new clasher!

Thank you and clash on! (if you do decide to give advice, please give some explanation if possible)

whoa, ur elixir seems a lot mate