Investors spend far too much effort worrying about perfect timing.
When you buy seems crucial. When you sell seems just as important. But you could have the best timing in the world… and it wouldn’t matter one bit if you get the big picture wrong.
Instead, follow investment legend Jeremy Grantham’s advice. Focus on the big idea. Make sure you understand the reasons a trend is underway. And make sure those reasons will persist.
Once you’ve done that – and done it well – the timing will be less important than you think. You’ll invest with less stress. And your portfolio will grow more than ever.
This post originally appeared at DailyWealth.