Timing the market is nearly impossible, so it's best to adopt a longterm investment strategy from "summary" of The Concise Psychology of Money by Morgan Housel
Trying to time the market is like trying to predict the weather - it's unpredictable and often futile. The financial markets are driven by a myriad of factors that are constantly changing and evolving, making it nearly impossible to consistently forecast when to buy or sell investments. Even the most seasoned professionals struggle to accurately time the market, so for the average investor, it's a risky game to play.
Instead of trying to time the market, it's best to adopt a long-term investment strategy. By taking a long-term approach, you can ride out the inevitable ups and downs of the market without getting caught up in the short-term fluctuations. History has shown that over time, the market tends to trend upwards, so by staying invested for the long haul, you are more likely to see positive returns on your investments.
Long-term investing allows ...
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