Investing in financial markets demands a combination of discipline and patience, which can prove challenging for many individuals. The impact of emotional responses to investment performance often leads to irrational decision-making, underscoring the need for a more systematic approach. Automated investing, a method gaining traction in the financial world, offers a solution to this dilemma. By employing automated investing strategies, investors can mitigate the pitfalls associated with emotional decision-making and, in particular, the misguided practice of 'timing the market.' This article delves into the concept of automated investing and its potential to foster sounder investment decisions. Time in the market beats timing the market Market timing, as defined by Investopedia, entails the
Is auto-invest a viable strategy for investing in stocks?
While auto-invest is a well-respected long-term investment strategy among many mutual fund investors, is it suitable for investing in high-risk stocks like those in the US market? What are your thoughts on Tiger Trade’s auto-invest feature? How would you use it to invest in stocks?
