What to do - corrected copyWell, that may have been the first time a blank post saying nothing at all may have been appropriate. However, here's what I'd intended to post. (Apparently the Stockhouse software didn't like some of the info I'd linked, hence the blank) Luckily I still have most of it but I'll copy less and supply more links instead and that should do the trick:
"You can't time the market.
We've got proof. If you get out now, when will you get back in? "You really have no choice but to stay the course in an intelligent way," says John Bogle, who as founder of Vanguard has been one of the great pioneers of low-fee mutual funds as a vehicle for buy-and-hold investing. "It's one thing to get out of the market at the perfect time - how many people can do that? - and quite another to get back in at the perfect time. You've got to be right twice."
The evidence shows that most investors get it wrong over and over again. According to a study called the Quantitative Analysis of Investor Behavior by financial research firm Dalbar, over 20 years through the end of 2007, the average equity-fund investor earned an annualized return of just 4.5%, vs. the S&P 500's 11.8% return. Why? In large part because investors, chasing performance, shift money out of lagging funds and into hot ones at the wrong times. We buy high and sell low repeatedly.
Need more evidence? ..."
https://money.cnn.com/2008/10/24/magazines/fortune/buyandhold_okeefe.fortune/index.htm
https://www.moolanomy.com/44/market-slides-investors-hang-on-tight/