Posted 12/3/2023, 5:02:01 AM
Trying to Time the Market is Tempting But Often Backfires
- Trying to time the market in 2024 is tempting but risky - markets are unpredictable
- Missing just a few of the best market days can greatly reduce your returns over time
- Many timing strategies seem to work but fail under different parameters or market conditions
- Even investors with terrible timing can still end up doing well over the long-term
- It's better to stay invested instead of trying to predict when markets will rise or fall