Timing the market never works. Investors looking to earn higher than average returns and build wealth by investing in stocks need patience. This involves the ability to stay put and not sell out when markets crash. Holding high-quality stocks for the long-term measured in decades and sitting tight during bull and bear markets is a successful strategy to build wealth.
The following infographics from Schwab demonstrates this concept:
Click to enlarge
Source: When Markets Dip, Don’t drop Out, Charles Schwab
