No. of Recommendations: 21
here lies the risk. Investors who exit during a correction (or get it right and exit prior to the correction) often wait for “confirmation” that the market is safe, only to buy back at higher prices or miss the rally entirely. This permanent loss of opportunity can profoundly derail your long-term return.
In today’s environment, with the market recovered but uncertainty lingering, the temptation to act on fear remains. Yet, the long-term buy-and-hold approach offers clarity: stay invested, tune out the noise, and let time work its magic.
No doubt that's the best possible advice possible for somebody in the 1st half of their live!
Many here are much closer to the end than the beginning, with the risk of running out of time, before magic can work.
Many here additionally because having adhered to that advice already "won the game", resulting in the possibility of losing what was won having far higher priority than before.
In both cases not to be invested at times can be the most rational decision (contrary to one born out of fear), resulting from weighing all factors, not only the beauty of LTBH, but also age, living expenses, income, assets etc.
