Posted 12/16/2023, 11:15:00 AM
Time in the Market Beats Timing the Market: Why Consistent Investing Through Ups and Downs Wins Out
- Stock market has been surging recently, with major indexes up double-digits
- It's tempting to try to time the market, but nearly impossible to predict short-term changes
- Dollar-cost averaging (investing consistently regardless of market conditions) is a better strategy
- Even if the market falls after you invest, history shows it recovers over the long-term
- Time in the market matters more than timing the market; better to invest now than try to wait for the "perfect" time