How to Beat Market Timers

Published: Aug. 31, 2018, 6 p.m.

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If you were just going off what you hear from friends and family members at social gatherings, you might think everyone hits it big when they trade stocks. People are eager to tell you when their risky investments make money, but they are less forthcoming about all the busts.\\xa0

Trying to time the market to get that \\u201cbig win\\u201d is a risky endeavor. Ben Carlson from A Wealth of Common Sense wrote an awesome post back in 2014 that introduced us to Bob, "The World\'s Worst Market Timer."\\xa0Join us for this week\\u2019s episode of The Money Guy Show, as we unpack the cautionary tale represented by Bob, \\u201cThe World\\u2019s Worst Market Timer\\u201d and highlight where Bob goes wrong and what his potential outcomes could have been if he did things differently.

For more details, please visit the show notes on our website:\\xa0

https://www.moneyguy.com/2018/08/how-to-beat-market-timers/

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