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Sunday, December 19, 2004
Timing the market !
When did you last sell something and it went up the next day ? It happens to almost everyone including you and me. Timing the market is a strategy where you try to predict the market to increase your profit by constantly booking profits and buying new stocks. So you want to buy at every rise and try to skip the fall. Okay, now, do you know anyone who has timed the market and been on the right side more than 75% of the time ? If so, do let me know. The best way for small investors is to invest for long term and avoid timing the market.