As I talked about in my previous post on Market Timing, I start out by stating that the majority of us are and should be investing for the long term. Long term meaning expected retirement dates 10, 20, or 30 years out. I say this again now, because I think it’s important to look at the market history over a short time frame vs a long one to show that the recent events, albeit scary, are right on track with history. If anything, the recent extended bull market may have been the outlier. What may look like extreme stock market volatility on the micro level is really just a small…
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Market Timing: Is Now the Time to Get Out of the Market??
This week especially I have received questions and have seen countless Facebook posts asking if “now was the time to get out of the stock market”. So I think it’s time we address this oft asked question to hopefully help decrease fear and avoid some of these costly mistakes. So to start out, the majority of us are and should be long term investors. Meaning, we have a retirement goal set for 10, 20, 30 years into the future. If you are a short term investor, you are either beginning the transition to retiring soon which usually equates to moving more towards bonds or you are gambling. Market Timing (i.e.…
