A common question we hear is: “Does it ever make sense to get out of the market?” Or, at what point should you get out of the market?
In today’s Matt’s Minutes, we dive into this question with an example of two different investors: one who rides the ups and downs of the market, and the other who gets out during a downturn and waits to get back in when they feel more comfortable.
This is an age-old conversation, and our advice remains clear: getting out of the market and trying to time your re-entry is a 100% losing proposition. With nearly 20 years of experience, Matt has never seen anyone successfully execute this strategy. While we’ve heard stories of people who got lucky by selling before a drop and buying back in at the right time, luck is not a strategy. Don’t rely on it.
At Ross Financial Inc., we always advise our clients to stay the course and focus on long-term goals, rather than trying to time the market. Watch now to learn why staying invested is the most reliable strategy.