29 Sep Why Timing the Market Doesn’t Work
Posted at 16:49h in Smart About Money, The Latest
Investing in the stock market can seem like a roller coaster ride. There are lots of highs and lows. And that can be emotional when your money is at stake. That leads some people to try to time the market and capitalize on those ups and downs by moving their money around. The problem is, timing the market doesn’t work and it’s risky. Traci Richmond, RICP details the pitfalls of timing the market and why you should diversify instead.
For a closer look at the ‘patchwork quilt’ illustration, click here.