Week 30 Day 2: The Cost of Being Early (or Late)

Even if you correctly foresee a crash, being early is the same as being wrong. If you sell six months too early, you miss the final rally. If you buy back six months too late, you miss the recovery. T...

Even if you correctly foresee a crash, being early is the same as being wrong. If you sell six months too early, you miss the final rally. If you buy back six months too late, you miss the recovery. The margin for error in market timing is razor-thin.