Don't try to time the market from "summary" of Investing Simplified by Chuck Price
Trying to time the market is a common mistake that many investors make. Timing the market involves predicting when the market will go up or down and making investment decisions based on those predictions. This can be tempting, as it seems like a way to make a quick profit. However, the reality is that it is extremely difficult, if not impossible, to consistently predict the movements of the market. Market timing requires not only predicting when the market will go up or down, but also knowing when to buy and sell in order to capitalize on those predictions. This is a tall order, even for the most experienced investors. The market is influenced by a wide range of factors, many of which are unpredictable and outside of our control. Attempting to time the market is essentially trying to predict...
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