During COVID, doomers predicted a housing collapse. Instead, government stimulus and central bank support sent prices soaring. The lesson: stop trying to time markets. Long-term investing beats speculation.
Think about the COVID era and all of the doomers and all of the doom and gloom you kept hearing. You saw it all over YouTube and so many other people were saying I've got cash I'm going to pounce. This is going to cause an immense real estate crash and it didn't. All of those people missed out because it went the opposite way. The real estate market boomed and one of the reasons was that they underestimated the government and the central bank response to the crisis and as they underestimated that the market went through the roof and we saw a massive appreciation. We all know the history right? But think about it if you are one of those people trying to time the market you would have just completely missed out on that. In fact you would have missed out on a lot of good, good cycles. But that said we don't even depend on cycles. What we depend on is just reliable investments that produce a good overall return on investment.
