“Tactical” is a great word, isn’t it? It sounds smart. It sounds hands-on. It sounds like you’ve got everything under control, come what may.
Too bad, it’s such a bogus idea when it comes to investing.
The truth is, “tactical” is a fancy way of saying you’re going to try to come out ahead of the game by consistently nailing the best times to get in and out of the market. It’s another name for market-timing and, call it what you will, it’s still a bad idea.
So when should you actually invest in the market? Common sense tells us: Invest whenever you’ve got the money to do so. But what about dollar-cost averaging? Are you better off diving in all at once with your investments, or periodically dipping in your toe? That’s a great question to cover in today’s Common Sense Investing video, “Is Now a Good Time to Invest?”
Now that we’ve sorted out when to invest, don’t forget to subscribe here for more Common Sense ideas on how to do it. That’s one tactic worth taking.
Original post at pwlcapital.com.