Want to create an interactive transcript for this episode?
Podcast: Meaning Over Money
Episode: 429 - The Unfixable Mistake: The Harsh Lessons of Trying to Time the Market
Description: Buy low, sell, high, right? That’s the motto when it comes to stock market investing. One problem: It doesn’t work. It’s nearly impossible to time the right moment to buy, and even if we get lucky, it’s also nearly impossible to time the right moment to sell. In today’s episode, host Travis Shelton shares a cautionary tale from one of his “expert” investor buddies. The costs of trying to game the market are severe, and unfortunately, unfixable. Travis’s friend might have lost $400,000 (spoiler!), but you don’t have to. Let’s learn from this mistake and mak...