FYI: Every investor knows the adage to “buy low and sell high,” but trying to time the market like that is harder than it sounds, and the margin for error is smaller than investors may realize.
Over the 20-year period between 1996 and 2016, a substantial portion of the total market’s return came from only a handful of days. And as no one can know ahead of time when such days will occur, trying to trade into them, or in anticipation of them, can mean missing out on steep upward moves.
Regards,
Ted
https://www.marketwatch.com/story/think-you-can-time-the-stock-market-look-at-this-chart-first-2017-12-08/print
