The Near-Zero Benefit from Timing the Market
Can I contribute cash and then wait to invest once the market hits its bottom? You can. But it’s not a smart idea.
Can I contribute cash and then wait to invest once the market hits its bottom? You can. But it’s not a smart idea.
I am amazed (but mostly frustrated) at my ability to do childish things. Too many cookies. Too much TV. Not enough exercise. You get it. And you’re probably in the same boat. But I know human brains—your brain, my brain—can change. They can improve, whether in finances, diet, exercise, or another arena.
My thoughts on investing have shifted over the years. New ideas consistently challenge me and force me to question my assumptions. The biggest: is there skill in investing?
When you get the opportunity to see your best friends and family, you don’t want to miss it. You don’t want to miss them. You just go.
The economic world feels bad right now. But times like these—and your reactions to them—make all the difference.
There are exactly two things that determine how our lives turn out…