Motley Fool Money “When” is a Dangerous Word
Dec 15, 2020
The discussion centers on the complexities of timing in investing, emphasizing that asking 'when' can be harmful for investors. A leading investment expert shares insights on embracing uncertainty and the unpredictable nature of financial markets. Rather than focusing on certainties, the conversation encourages considering probabilities to make better investment decisions. Ultimately, it's about navigating the unknown with a strategic mindset.
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Avoid "When"
- Avoid asking "when" the market will turn down, as market timing is unpredictable.
- Focus on understanding market trends and probabilities, not specific times.
Embrace Uncertainty
- Accept ambiguity and uncertainty in investing.
- Eliminate absolute terms like "never," "always," "must," and "can't" from your investment vocabulary.