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Present data about the risks of market timing and show them the benefits of a long-term approach. Sometimes illustrating historical data on missed gains can be a powerful motivator for clients.
I have clients who insist on trying to time the market, and it's affecting their long-term investment strategy. How do you guide them towards a more consistent approach?
Present data about the risks of market timing and show them the benefits of a long-term approach. Sometimes illustrating historical data on missed gains can be a powerful motivator for clients.
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