Time in the market not timing the market #marketvolatility

Replying to @haraldian time in the market not timing the market. This is a very old quote. I’ve heard many times over my career. And theoretically and technically it’s true but what it doesn’t count for these people’s emotions and their feelings people do not like losing money. And one of my jobs when markets go down in value is to keep people invested or even better get them to buy when markets are correcting or crashing in value. I’m an advisor. I take the calls from the people that are stressed about their investments and help them make the right decision decisions that the toughest times. I know how investment markets work and I know how people behave. So while people know the timing the market perfectly is impossible and they know that the quote is correct. It discounts how people behave. This is the psychology of money. It’s not as simple as people think. General advice only. #sharemarket #stockmarket #investment #financialadvice
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