Sunday, December 28, 2014

time in the market

Investor Nick Murray once said, "Timing the market is a fool's game, whereas time in the market is your greatest natural advantage." Remember this the next time you're compelled to cash out.

Definitely. In fact, a growing body of research is finding that chasing returns is a killer for many investors.

[via roy]

This is also misconception no. 8 from from Chapter 1 in Chuck Price's book Investing Simplified: What You Don't Know Can Hurt You.

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