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Voice of Customer Analysis

You lose more money prepping for disaster than disaster itself [Video]

“I know we can’t time the market, but stocks have never been this high, so maybe we sell now and step aside for a while?”

It’s an understandable sentiment but not one I think investors should necessarily put into action.

As Peter Lynch was fond of saying: “More money has been lost preparing for corrections than in the corrections themselves.”

I know this can sound like platitude and you may have some “yes, but” reflexive thoughts right now: 

“Yes, but shouldn’t we give the economy a chance to catch up with stock prices?”

“Yes, but the new administration brings uncertainty.”

“Yes, but wars are everywhere and out of control.”

I suspect what’s going on in the minds of people raising these objections is fear — fear of losing what they’ve recently gained.

I find that these objections often focus on the short term.

As if the here-and-now ever was predictable for stock investors. Or ever will be.

To help increase your chances of investment success, in …

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