Amidst the media’s encouragement, with its constant reportage enticing its public with suggestions about timing the markets, repeated independent research has shown that market timing does not usually work.
Only luck and chance with regard to time of market entry plays a major role. On the other hand, discipline of strategy are more important to investment success. Rather than anecdotal accounts of who accidentally struck it rich while buying and selling on personal whim.
(See the Earl J Weinreb NewsHole® comments and @BusinessNewshole at twitter.)
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