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Time in the market beats timing the market from "summary" of A psicologia financeira by Morgan Housel
The idea that time in the market is more important than trying to time the market is a fundamental principle of successful investing. It may seem tempting to try and predict when the market will go up or down, but the reality is that no one can consistently time the market with accuracy. This is because the stock market is unpredictable and influenced by a multitude of factors that are constantly changing. Investors who try to time the market often end up missing out on potential gains or making costly mistakes. Research shows that missing just a few of the best trading days in the market can significantly impact long-term returns. This is why staying invested for the long term, regardless of short-term market fluctuations...Similar Posts
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