Pitfalls of Trying to Time the Market
Mann Team - Apr 09, 2020
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The US stock market just experienced the fastest bear market in history. Markets feel more uncertain today than they have in some time. We’ve seen volatility spike, with daily percentage changes of up to 10% or more in either direction. Suppose you do get spooked, and you give up by selling off your positions, trading your investments for cash. Eventually you'll get back in the market when the worst is over, you tell yourself. That sounds like a reasonable strategy...
