Market timing is just gambling:

gman57

One more post that timing the market is just gambling:

I reduced my equity holdings from 45% to 30% over the summer thinking things were too overvalued and told myself I will not buy until October which is normally not a good month. FOMO was hard as everything was going higher and higher just about EVERY day but I wasn't going to budge! I apologize for not alerting the board that I was going back to 45% November 3rd. The last 2 days are just a slap in the face which as we all know happens to all of us. Down days after a big purchase. I will follow my asset allocation plan, I will follow my asset allocation plan. I will continue to type that 100 times as punishment for bad behavior. UGH

JD_co

It's human nature to want to protect what you have built. It works against us sometimes, no doubt.

Observant1

Thanks for sharing your story but don't be too hard on yourself.
Many extraordinary events have occurred this year which potentially
could — and still may — destabilize equity markets.

racqueteer

Whenever we buy something, barring those with recurring fixed increments, we're guessing. Hopefully, with at least some reasoning and logic involved. It's all a matter of degree.

Mark

If it makes you feel any better (and I'm doubtful) even the most savvy get it wrong sometimes. See BRK and its investment in AAPL. Granted they made a huge pile while they held it but look what's happened since they started selling.