The idea of timing the market is when the market is high, you jump off the wave instead of riding it back down. When doing this, you keep the profits that you've gained by selling C and/or S at the high price. Also, when the market drops back down and you buy back into C and/or S, you end up with more shares since you are buying back in at a cheaper price. Hope that makes sense.
Mike
On Wed, Dec 30, 2020 at 8:42 AM Mary <Evans928@msn.com> wrote:
Incredibly dumb question but can you explain how moving to G locks in the profits ?A sincere thanks for any answers.MaryOn Dec 30, 2020, at 7:03 AM, Carey Weber <dieselscout80@hotmail.com> wrote:Sarah, sorry I haven't been watching much lately.
What fund are you leaving?
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