Why You Can’t Time the Market (Even When You Know the Future)
Tags: Investing · Finance · Economics
Think you could pick the perfect day to buy stocks if you knew the headlines? In a Market Timing Game using COVID-19 headlines I show why knowing the future still fails. I admit I would have picked November 15 2020 and missed a 43% gain vs reinvesting March 17 2020, even though the S&P 500 bottomed March 23 2020.
Rolly's Take
For those who navigate the intricate dance of investment with a touch of skepticism, pondering the unpredictable nature of the market. This blog speaks to the contemplative investor, who balances knowledge with humility, realizing that foresight often eludes certainty. Here, the game is not just numbers, but the human experience woven through risk, hope, and unforeseen consequences.