Timing the Stock Market Is Overrated: Here's Why
Investing in the stock market is one of the best ways to build generational wealth. The S&P 500, an index of the 500 largest companies in the U.S., has increased at an annualized pace of 10.4% since 1973, including dividends. That means a $1,000 investment 50 years ago would be worth a whopping $150,000 today.
But despite this impressive long-term track record, stocks are undoubtedly volatile. And this up-and-down nature results in investors trying to correctly predict the tops and the bottoms. This is a tempting thing to do, but it should be completely avoided.
With that being said, here's why timing the market is overrated.
Source Fool.com
