Everyone wants to get a leg up on the stock market and make shrewd investment decisions to grow their portfolio. The problem is trying to time the market is incredibly difficult. So many different factors are at play when you’re investing in the market and that’s why even the smartest people get it wrong.
In this episode, we’re going to tackle the age-old question: Is it time to start timing the market? Using a sports betting analogy, Matt and Steve break down the complexities and risks of market timing. We’ll use some eye-opening charts to help you understand the mistakes people make and why staying invested might be your best bet.
Here’s what we discuss in this episode:
0:00 – Intro
2:13 – Market timing is like a parlay
3:45 – Should I get out of the market?
6:18 – Types of investors
8:38 – Overconfidence
9:41 – Election years
11:16 – Mind-blowing chart
13:07 – Even the best get it wrong
Learn more about us: https://www.rwpaul.com/our-firm
Contact Matt & Steve: https://www.rwpaul.com/contact
Phone: 248-305-9911
Find us on YouTube: https://bit.ly/481OA51
