The Accidental Investor: Bad Timing
The first in our series of light hearted columns entitled ‘The Accidental Investor’ by one of our contributors, Nick Warren. This one is called ‘Bad Timing’. Enjoy…
…I’ve made some mistakes in my time, and quite often those mistakes have been about timing. There are many categories of mistake of course, from the most meaningless and mundane to the most devastating and divine, but almost all of them come down to timing. “If I’d had more time to think it through I might have made a different decision, if I’d had less time to think about it I would have gone with my instinct!”
Timing the Market
“Timing the market is usually a value destroying strategy!” Have a look at Nedgroup Investments’ graph which shows the effect of missing the best days of the market over a 10 year period. Read more about investor mistakes in our “8 Curiously Common Mistakes That Investors Make” article.
