Market Extra: Here’s why you should never try to time the stock market

It’s high time that financial gurus admit that market-timing strategies—especially those that portend to capture all of the upside and none of the downside of the stock market—are an illusion.

Over the past 100 or so years, there have only been a handful of bear markets, characterized by a fall of 20% or larger, that most people called out as a beginning or end of market cycles.

Most of those examples had similar symptoms—pain from drawdowns. But some took longer to recover and some were short-lived. Some were shallower than others. Just like snowflakes, they are all alike yet unique at the same time.

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