The Clark Howard Podcast 09.09.24 The High Cost of Timing the Market / A Safety Buffer From Down Markets
Sep 9, 2024
Wes Moss, a fiduciary financial advisor and managing partner at Capital Investment Advisors, joins Christa to tackle pressing investing questions. They discuss the pitfalls of market timing, revealing how missing just the best 10 days can dramatically hurt long-term returns. Wes introduces the 'dry powder principle,' emphasizing the need for a financial buffer to handle market fluctuations. They also explore the strategic timing of Social Security benefits, weighing the pros and cons of early versus delayed claims.
Chapters
Transcript
Episode notes