What a time to time the market … eh, not so much

I’m no expert on investing, but I have some experience making bad choices. 🤓

One thing I do favor is steady, regular investing over a long period while trying to resist the stress of market ups and downs. I know several people who panicked in 2009, got out of the market and thereby locked in their losses. These are the only people who truly lost their savings during the Great Recession.

Here is a good illustration from Fidelity Investments demonstrating the risk of market timing as opposed to long-term steady investing and reinvesting dividends and capital gains.