
There's a saying in investing circles that's been passed down like Grandma's best recipe: "Time in the market beats timing the market." And as tired as that line may sound, it's stood the test of time for a reason.
The truth is, trying to guess what the market will do next is a fool's errand. No one — no matter how many books they've written or how many CNBC appearances they've logged — has consistently and accurately timed the market over the long haul.