As obvious as this sounds, investors must define their goals and work toward achieving them.
We have become conditioned to expecting the market to do the heavy lifting for us.
Look no further than Japan if you assume that “time in the market” is a salve for investors.
Investors need to step up and do the hard work of saving their own capital for retirement.
This podcast (6:02) suggests that the calendar, that is to say the passage of time, is a less reliable guide to success than human effort and accomplishment.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
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