Who says Market Timing is not important?
Did you read it from books?
Did your hear someone say it?
Did you experience it yourself?
But, Uncle8888 is telling you it is extremely important; otherwise we will be spending some lost years just trying to catch up with the previous Bull.
Here is the truth from me.
Five lost years since the last Oct 2007 Bull!!!!
Investing in stock market is more than just collecting dividends.
It is also about avoiding the deep plunge in paper wealth and the will to recover investing capital and to build up the war-chest for the next Great Battle.
CW8888,
ReplyDeleteSome prefer chicken lice; some lust after wanton noodles.
But one thing is true what you say - if you lose half your food, your remaining half has to DOUBLE to restore back to full plate. And that's not easy!
Hmm.. Having said that, timing the market is not an easy route either...So either way, both methods are difficult.
ReplyDeleteB