Charlie Bilello on why time in the market is more important than timing the market. Link “So on August 2, 1956, Wally invested $10,000 into the market. This was, of course, the day the stock market topped. It would proceed to decline 21% before bottoming in October 1957, and while Wally wished he could sell everything at that point, the rules of the trust prevented him from doing anything.”.
Long Term Orientation
Long Term Orientation
Long Term Orientation
Charlie Bilello on why time in the market is more important than timing the market. Link “So on August 2, 1956, Wally invested $10,000 into the market. This was, of course, the day the stock market topped. It would proceed to decline 21% before bottoming in October 1957, and while Wally wished he could sell everything at that point, the rules of the trust prevented him from doing anything.”.