Nobody has ever been able to time the Market with any consistency, why is it so hard?
In order to consistently and repeatedly time the Market you should know:
• When to get out the market
• When do you get back in the market
• Be able to repeat this over and over again, year in, year out, no mistakes
• In my 20 years, have never met any one that has been able to do this, actually never read anyone able to do this.
Research by Mark Reipe from Schwab studied this.
From 1926–2012 if an investor contributed $2,000 per year for 20 years would the results be if you had:
2.Wait for the Right time (Bad timing)
3. Dollar costs Averaging
4.Stayed in Cash
Check out the video to watch what happens.
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