“I agree with the person that said Mike Wilson has been spot on, but if you looked back through the years on when he said to get out of equities and instead left your money in, you’d have done a lot better than trying to time his predictions. Also he may have been right about the 2022 correction but he said that the market was correcting a year earlier. Eventually he’s going to be right. I think he’s a smart guy and understands the market but no one can time it precisely enough to be jumping in and out. As Peter Lynch said “it’s about time in the market, not timing the market “. Also throughout history, more money is lost by trying to avoid a correction and missing out on a rally than would have been lost by the correction itself “”
RonR4 via Apple Podcasts ·
United States of America ·
03/30/23