For today’s episode, we talk about TIMING vs. TIME IN the market. We all know that we should buy low and sell high, but really, who can predict the market accurately? Let me tell you this: Only hindsight is 20-20! I hate to burst your bubble, but this is true no matter what the self-proclaimed stock market gurus tell you. No one, I repeat, no one, can time the market perfectly!
Once you’ve accepted that you cannot predict the market, this is where the beauty of peso cost averaging comes in. If you just put in that “committed amount of investment” every month or so regardless of the market, you will effortlessly hit the low buying points and may even register better results compared to your stock market guru.
Click here to watch the video.