The wait …? : Planet Money: NPR



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On February 1, 2019 in New York, two traders agreed two seconds after the closing bell on the floor of the New York Stock Exchange (NYSE). - (Photo by Johannes EISELE / AFP) (The photo credit should read: JOHANNES EISELE / AFP / Getty Images)

JOHANNES EISELE / AFP / Getty Images

On February 1, 2019 in New York, two traders agreed two seconds after the closing bell on the floor of the New York Stock Exchange (NYSE). - (Photo by Johannes EISELE / AFP) (The photo credit should read: JOHANNES EISELE / AFP / Getty Images)

JOHANNES EISELE / AFP / Getty Images

Whether you're investing for the first time or investing for years, you'll be wondering whether or not you need to "synchronize the market". Timing the market basically means guessing what is the best time you should put your money to work. Buy low, sell high, right? It seems so obvious. But as Jill Schlesinger tells Stacey in this episode, cracking up trying to time the market is silly. Jill is the author of a new book: The stupid people that smart people do with their money. She is also a former trader, who uses her own experience – and failures – to illustrate why market timing is a bad strategy.

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