Don’t try to time the market, do this instead

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

OPINION: Guessing what will happen next in the stock market is a waste of time. Instead, buy low and sell high -- it's a marathon, not a sprint.

If you knew exactly how much stocks would go up or down next week, next month or next year, what would you do differently?

Malkiel’s answer: The math does suggest slower growth for equities, maybe even single-digit gains going forward. But there’s only one sure way to prosper as an investor, and that’s by rebalancing with discipline. Sell high, buy low Malkiel’s point, one backed up by decades of research, is that guessing what’s ahead is not an investment strategy — it’s a waste of time.

Which stocks to sell? Malkiel is quick to tell Heath that picking among stocks is not a good idea. Even professionals get it horribly wrong. “Nobody, and I mean nobody, can consistently predict the short-term moves in the stock markets,’ Malkiel said. By owning the whole market at a low cost, investors are relieved of the risky and thankless task of trying to pick winners and losers in the stock market — short run, long run and in-between.

In Malkiel’s words, it’s the diversity of your investments that matters most, not the short-term moves up or down.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TheBestWade breakthrough new strategy

Join our telegram community for FREE - Signals - Analysis - Education - Trading Tools - Market Updates - News & much more Get instant access at forex forexsignals

Buy low, sell lower

🙄

Buy good stocks, and when they go up, sell ‘em. And if they don’t go up, don’t buy ‘em.

Wow ya know I never thought of it like that, this guy is some intellectual. I'll give it a shot!

Haha

Only problem is that tops and bottoms (buy low, sell high) are only so in hindsight i.e. crisp bottoms and tops only exist in the past. Only thing extant in the present IMHO is the current trend.

The stock market has been pumped up to the sky on funny money. The crash when it comes will be devastating. Timing is impossible so get out now.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Instead Of Discussing The Job Market And Economy, Democrats Spent The Las Vegas Debate SquabblingThe Democratic debate, right from the start, was a brutal battle royale Why were the candidates made to stand so close though? It made the attacks seem a bit too personal: Warren on Bloomberg, and Buttigieg was practically in Klobuchar's space. Instead of taking about issues it was all about assassinating each other’s character. Other than taxing the shit out of us and learning there is zero moral high ground for any of them I didn’t learn anything. Great job .... NOT
Source: Forbes - 🏆 394. / 53 Read more »