Playing games is fun, but not when it comes to your life savings. Timing the market is when you try to
predict ups and downs to move in and out of investments. The problem is, it just doesn’t work.
Having a diversified investment portfolio is a much better strategy for keeping your concentration risk
low and smoothing your returns. TraciRichmond, RICP® explains why people who are smart about
money always diversify.
For a deeper dive into what happens when you try to time the market, and why it’s better to
diversify, click here.
