Don’t try to time the market!

Sam Slator 01/10/16 in Strategy

Earlier this year, we published a piece that looked at what can go wrong when investors try to time the market. Missing just one or two of the best days can halve your returns over a 30-year period, according to Fidelity research*.

It seems that FundCalibre investors are a level-headed bunch, with 84%** of you agreeing with the wisdom of don’t try to time the market in our poll last month.

We also asked whether the adages ‘sell in May and go away’, ‘don’t fight the fed’ or ‘my bond allocation should match my age’ rung true, but ‘don’t try to time the market’ was the overwhelming favourite**.

*Source: Fidelity, January 2016, using the FTSE All Share
**Results based on feedback from 75 FundCalibre visitors from 01/09/16 – 30/09/16

The views of the author and any people interviewed are their own and do not constitute financial advice. However the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions. Before you make any investment decision make sure you’re comfortable and fully understand the risks. If you invest in fund or trust make sure you know what specific risks they’re exposed to. Past performance is not a reliable guide to future returns. Remember all investments can fall in value as well as rise, so you could make a loss.