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Timing the market is a fallacy. Time in the market is what builds wealth.
by rapsey 1y ago
Timing the market is a fallacy. Time in the market is what builds wealth.
- thfuran 1y agoYou're treating a statistical tendency as immutable law. It's true that attempting to time the market is not generally a good investment strategy, but every investment is made at some time, and some of those are very bad times to put money in the market. That it'll probably recover eventually doesn't much help if you've lost everything in the interim.
- rapsey 1y agoWhich is why you invest a percentage of your paycheque not wait to time the market.