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Market timing is nearly impossible to get right consistently from "summary" of The Psychology of Money by Melody Jefferson,Morgan Housel
Timing the market is like trying to predict the weather - it's a futile exercise that often leads to frustration and disappointment. Investors who attempt to time the market are essentially trying to outsmart millions of other participants who are also trying to do the same thing. The sheer number of variables that can impact the stock market make it nearly impossible to consistently predict its movements accurately. While some investors may experience short-term success with market timing, it is usually just a stroke of luck rather than skill. The market is inherently unpredictable, and even the most experienced professionals struggle to consistently time it right. In fact, numerous studies have shown that most individual investors who try to time the market end up underperforming compared to those who simply stay invested for the lon...Similar Posts
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