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NotThamesWater
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shows your age @TW
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Dont try and call tops or bottoms...that's a losing game.
But there are indicators that indicate the markets are over priced. And also clearly time when they are in mad panic.
As the Oracle say be fearful when people are greedy and greedy when people are fearful.
That said after day 1 I'm sitting on losses. But still confident I bought at a good price
amey
wildwest
In essence yes..but if you can bulk buy during dips and sell at peaks your investment will perform much better then they would otherwise. Statistically people dont out perform the market it's true...but generally that because they over trade.
This is especially true of pensions were you may have to but an annuity.