Mike Milligan argues that matching your investment timeline to your actual time horizon beats trying to time market entries and exits. Warren Buffett and top hedge funds fail at timing too. Studies show timing attempts usually hurt returns.
Chapters
The financial plan is what matters, right? You having money invested in the market over a long period of time that matches your time horizon is more important than trying to pick the right entry and exit point of the stock market. Very few people get that right. Very few people, including the greatest investors of all time, Warren Buffett, The great hedge funds that are out there, um, they, they don't get market timing right. There's a lot of studies out there that show that market timing actually doesn't help performance, but it hurts. And then when you look at behavioral economics, you know what behavioral economics is? It's how you react and how you feel, not only about today but the future. We are generally all optimistic people,