Latest Issue
Special Reports
Latest Special Report

Economics and investment: The power of timing—and luck

A well-worn investment adage has its limits

By Andy Davis   July 2019

Photo: Joe Giddens/PA Wire/PA Images

A well-worn investment adage counsels: “It’s not timing the market that matters, but time in the market.” The suggestion is that no one can reliably know all the right moments to buy or sell and maximise their profits. Instead, we must take the plunge and let the passage of time reverse any errors we might have made in timing our investments. 

As a piece of advice, this is helpful as far as it goes. Reading the Financial Conduct Authority’s recent paper on intergenerational differences in…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with our newsletter, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

More From Prospect