Is their really anything wrong with that?
Yes and no.
If you want boring investment over a long term (I do in some cases), then yeah dump your money in on a regular schedule and ignore the market.... check back in 20-30 years.
I have boring investments.... SDIV ETF.... stock in my own company that will take a while to be valuable.
My point is you can time your buys and sells just like anyone else.
Like most things with a heavy tech presence.... Finance pretends their business is so complex and difficult to understand that you, the peasant investor, ought not swim in the waters of your betters.
It isn't that complicated.... sure you can go off into the proverbial weeds like anything, but in general right now you can time the market.
Let me explain how.
Right now the DOW is around 27k.... so what you're going to do is hold onto all your money that you can.... build up liquid capital.
In your lifetime (my guess in the next 6 months) the market will drop sharply and prices will go down.
When that happens.... you go buy stocks you like at prices that are cheap enough for your risk tolerance.
Now the real big secret.....
You're going to do the same thing... IN REVERSE.....
The market will eventually go back up.... pick a price point where you'd feel comfortable taking your gains, and then when the market hits that high, you sell your stock for more than you paid.
To be clear.... DO NOT buy for more and sell for less.... I know it is surprising, but this is a bad strategy.
And here's the thing.... after you make your money.... you can put it in your pocket for a while or put it into safer investments like Bonds, and then do it all over again when the market is down again....
It always goes down eventually... BUY
It always goes up eventually.... SELL
If you hear one of those pompous cunts on business news networks tell you "Don't try to time the market".... tell them to **** right off.
