026 | Market Timing and Opportunity Cost

Should you try to time the market in hopes of buying high and selling low? Or should you try to switch your money around between asset classes in hopes that one will do better because you heard it's the latest craze? If you can't time travel to have the benefit of hindsight or don't have a crystal ball, then the answer is likely no. As a current or future physician assistant, you're likely pretty bright, but did you know that most financial professionals can't time the market well enough to beat the market? In addition to market timing, this episode also reviews how you can use the concept of opportunity cost to better analyze the choice between two options.