Just recording today's headlines as an illustration of why time in market > market timing. As I have mentioned in my earlier posts on crash buying, I started buying the moment the market started moving downwards. It is impossible to time the bottom so those influenzas who have been advocating waiting for a big crash will probably have missed the boat, or at least missed the 5%+ upswing in one week. And as the previous studies have shown, missing the initial market upswing greatly reduces one's total returns, hence the saying time in market > market timing.
Sometimes it also helps to be lucky. Thanks to the Astrea 6 redemption proceeds of $50k+, I am deployed more cash into equities than I would normally have done.
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