74- Timing The Market: What Happens When You Miss The Best Days?

We've all heard the saying time in the market beats timing the market... but how damaging can poor market timing actually be? Surely missing a few of the 'good days' won't matter too much in the grand scheme of things when looking at a 20 year investment timeframe? Wrong. Market mistiming destroys wealth. In this episode Benjamin brings this to life with a case study, with thanks to this incredible resource from Visual Capitalist. The Cost of Timing The Market Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps make your finances clearer and ensures you never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd!  Take my 5 minute retirement assessment (can you already afford to retire?) 🚀Disclaimer - please note that nothing in this podcast can be relied upon as financial advice and the content is provided purely for information and guidance purposes. Please seek independent, regulated financial advice relevant to your situation.