Yes, you should time the markets! Shankar Sharma explains when
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Conventional wisdom tells investors to refrain from timing the markets but there are exceptions to rules. One such exception is hitting the markets in a strong macro cycle, GQuant FinXray founder Shankar Sharma. He goes on to say that was not just critical but essential to investing. "No matter how great a stock picker you are, remember one thing: majority of your returns will be driven by the macro cycle of the Market. Hence, timing the macro cycle is not just critical, but Essential," Sharma said in a tweet. In his view, no investor made money between 2014 and 2020, a period he described lacking macro tailwinds while most of the gains being made in the last 4-5 years. "( Eg: between 2014-2020, nobody made much money. Small caps were a disaster. GDP growth was abysmal. Corp earnings were saddening. For all investors across sizes, 90% of their current portfolio worth came in only the last 4-5 years.) Think deeply about this...