Have you ever worried about the kind of investment experience you may have when investing at a poor time, such as during market peaks or when it is quite volatile, particularly when it may feel instinctively wise to sit in cash and wait for a better entry point? The video below about Bob, The World’s Worst Market Timer, provides an interesting example of someone who essentially invested at the worst times in history from 1977 through 2019. I suspect his experience may surprise you. Here’s a hint: time is the secret.
“The first rule of compounding is to never interrupt it unnecessarily.” – Charlie Munger
One YouTube commenter said, “It’s like location, location, location for real estate. It is patience, patience, patience when it comes to investing.”
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