Principles of Successful Investing: The Difficulty of Market Timing
We often address questions from clients and investors about whether now is a good time to invest their cash, or if it may be a good time to adjust their portfolio to move more conservative or aggressive, depending on the conditions in the market at that time.
To help address these types of questions, we're pleased to release a series of videos on the Principles of Successful Investing from Kenneth French, Distinguished Professor of Finance at the Tuck School of Business at Dartmouth College and consultant to Dimensional Fund Advisors. In the upcoming series that we will share throughout the coming weeks, Mr. French will share insights about what it takes to invest successfully for the long-term.
These videos help establish the foundation that it takes to build a successful portfolio and avoid the behavioral mistakes many investors make. We start this week with The Difficulty of Timing the Market where Mr. French shares:
"Most people who try to time the market, increasing their exposure when they think the market is going to do well, reducing their exposure when they think the market's going to do poorly, are just fooling themselves. They don't actually have the ability to forecast the market."
We hope these videos will help you navigate the complex market of choices and decisions that investors are confronted with every day.
-EnRich Financial Partners LLC
Investment Advisory Services offered through EnRich Financial Partners LLC, a Registered Investment Advisor.
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