Market timing rarely works from "summary" of The Investment Answer by Gordon Murray,Daniel C. Goldie,Gordon S. Murray
Trying to predict the future movements of the market is a common pitfall that many investors fall into. The idea of being able to buy low and sell high sounds enticing, but the reality is that market timing rarely works. The majority of investors who try to time the market end up losing more money than if they had simply stayed the course and remained invested. The problem with market timing is that it relies on making accurate predictions about the future, which is inherently uncertain and unpredictable. Even the most experienced and knowledgeable investors struggle to consistently time the market correctly. The market is influenced by a multitude of factors, including economic conditions, geopolitical events, and investor sentiment, making it nearly impossible to predict with any degree of certainty. Ad...Similar Posts
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