“Hold on for dear life”
An acronym for investments
Hodl is a strategy.
Another strategy is to time the markets – buying low and selling high daily.
It’s important to have strategies because it’s how we do something
But strategies are only effective if we know what our ultimate goal is.
Because if our goal is to have money in retirement, timing the market aint gonna cut it, unless of course, we keep getting lucky
However, time in the market will give us a better chance.
Strategies and goals, they’re a start
But without tactics – the what to do – our strategies can never get completed
Leading to unfulfilled goals and never utilized strategies
3 pieces to the same puzzle