Don’t try to time the market, give the market time!
Such a simple rule yet so often disregarded. Equity markets are complex beasts. There are so many participants that make up a market; and so many conflicting views that simply put, make it virtually impossible to successfully time markets. It’s akin to guess work.
Investing in a basket of diverse stocks over a long period of time eliminates this guess work. From time to time markets WILL fall… it’s a certainty. However, over time they will recover and eventually edge higher. Giving the market time and having a longer term view will help you weather the financial storms that equities are often faced with.
Be patient… and get rich slowly!