“The only function of economic forecasting is to make astrology look respectable.” ~John Kenneth Galbraith, Harvard economist
When the market is moving, people being to wonder whether they should try and time its cycles. Let’s look at timing the market, specifically:
- Why one would (and shouldn’t) try to time it.
- Why being “Right Twice” is so difficult
- A Tale of Three Brothers who tried different timing strategies
- Correctly Timing the Market
This article is educational only and is not intended to be investment, legal, or tax advice or recommendations, whether direct or incidental. Again, this is not investment advice. Consult your financial, tax, and legal professionals for specific advice related to your specific situation. Never take investment advice from someone who doesn’t know you and your specific situation. All opinions expressed in this article are the opinions of the people expressing them. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. RetireMentorship is not affiliated with any Registered Investment Advisor, Broker-Dealer, or other Financial Services Company.