I think you might be alluding to timing the market? In that case you’re “speculating”, not “investing”. Speculation is making a(n educated) guess about market directions. Investment is earning an expected return over time on capital.
That might actually my different view point.
I think one should time the market or even trying to do so. There aren’t always good times. I mean that thing of „time in market beats market timing“ is for buy&forget investors who don’t want to put much effort in their finances. If you care, you see which area is a go and which a no-go at a certain moment in time.
That speculating vs investing is well written. I‘m not a native English speaker and put both under the umbrella of „Investor“ - who actually does both. So for me „speculating“ is key when you buy a stock or asset.
Having, even a rough, idea of how the price is and how it might move should be essential. And with this mindset the price of buying is important only. Because you won’t buy a going to decrease asset, would you? Charles Munger and all those other value investors are doing it like this.
That might actually my different view point.
I think one should time the market or even trying to do so. There aren’t always good times. I mean that thing of „time in market beats market timing“ is for buy&forget investors who don’t want to put much effort in their finances. If you care, you see which area is a go and which a no-go at a certain moment in time.
That speculating vs investing is well written. I‘m not a native English speaker and put both under the umbrella of „Investor“ - who actually does both. So for me „speculating“ is key when you buy a stock or asset.
Having, even a rough, idea of how the price is and how it might move should be essential. And with this mindset the price of buying is important only. Because you won’t buy a going to decrease asset, would you? Charles Munger and all those other value investors are doing it like this.