After how much time do you propose for engagement?

After how much time do you propose for engagement?
We have been together for only four months now, but have knew each other for eight years now.
I know she wants me to propose, and I was considering doing it by mid-month when I returned from a work trip from Prague, but in the recent days I had some doubts about it being too soon.
I already got the rings and although I hid them, I do fear she found them or knows I got them.
Opinions?
After how much time do you propose for engagement?
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