A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
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One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
enough mon...
16 hours ago
Hi CW,
ReplyDeleteI think no one, even the regular and fully vested school, simply buy on the full moon...
But I think he meant, when you find something cheap and good, just buy, no need to wait and think:" can get cheaper a not"
But if not cheap, waiting is not timing the market
CW8888 : The fighting of "Timing The Market" vs "Time In The Market" school of thought? ;-)
ReplyDeleteNo fighting in me.
DeleteI practise both school of thought through long-term investing and short-term trading. LOL!
CW,
DeleteConfirm 1 person never read your Masthead.
LOL!
In my own personal view,
Deletetiming your purchase and sales; and also be a little bit greedy are okay.
but take note of missed opportunities; and also being overly greedy which can be your bad blind spots.
Penny wise pound foolish indeed.
3M's : Method, Mind and Money Management.
ReplyDeleteTiming the Market Not by method but through Money Management.
Buy slowly by batches and by intervals.
Sell slowly by batches and by intervals.
No perfect timing but still need to Time the Market. No?