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Timing the Market Doesn’t Work – Just Buy Cheap
By Dr Wealth  •  February 10, 2020
Meltdowns. Meltdowns. Meltdowns. Everyone’s bloody worried about it. Is the virus going to crush my holdings? Is the market going to crash? There’s just no peace of mind without data. So here’s some data. But first, some cautionary advice from the greats.
Image result for peter lynch
Peter Lynch “Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves. I can’t recall ever once having seen the name of a market timer on Forbes’ annual list of the richest people in the world. If it were truly possible to predict corrections, you’d think somebody would have made billions by doing it.”
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Over the 28 years to the first quarter of 1984, Schloss returned 21.3% per annum for his investors, smashing the annual return of 8.4% churned out by the S&P 500 over the same period.
Walter Schloss “I am not good at market timing, so when people ask me what I think the market is doing, their guess is as good as mine.” 
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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