Instead of trying to time the market, make regular contributions to your investment plan!
The Walton Financial Group in Barrie, Ontario has suggestions for making regular investment contributions as a strategy while you are still working
You can do well as an investor by adding to your portfolio every time stocks fall hard. But while some people have the knack, time or knowledge to adopt a market timing approach, it is not a viable approach for most investors. It is hard to pull the trigger on a big purchase of stocks when markets drop, just as it is difficult to avoid the temptation to sell.
The Walton Financial Group recommends that you take the randomness out of your investing by making regular contributions to your portfolio on the same bi-weekly schedule as you get paid. This approach to investing will provide you with many opportunities for your bi-weekly investment purchases to come at moments of depressed prices.
Call the Walton Financial Group in Barrie, Ontario to discuss the many options for a systematic investment plan that sees your portfolio grow during your working years.
