The COVID-19 Risks of Trying to Time the Market
For the past two months, the market declines and market rallies have been historic, as COVID-19 introduced a level of uncertainty that was difficult to quantify, let alone predict. And if the stock markets hate one thing, it’s uncertainty. You think you could have timed that perfectly? Unlikely. In fact, if you let your emotions dictate your investing decisions, you would have likely sold during March and were sitting on the sidelines in April – so you lost out twice.