I chanced upon an article or book (cant remembered which one) titled 'Successful people have no regrets'. Though I didnt read the article but I sort of agree with this statement.
Let me give you an example, during time like this when market was weakened due to potential Fed's rate hike and China stock market crash or any other reasons. It's a good time to buy the market right? Some people will be procrastinating as to 'when' is the good time or best time to buy stocks?
They are worried that if they buy too early, the stock prices could dive deeper due to more incoming bad business news. They want to avoid this and want to sit out and wait for the best time to buy. But what happens if they wait for too long and the stock market suddenly perform a V shaped recovery and they missed ......