Market predictions could go awry; stick with long-term investment plan

In this Science of Wealth commentary, Samuel Rhee, chairman and CIO of Endowus, discussed the importance of staying invested for the long term, especially when we cannot control the market direction. Market forecasts cannot be predicted, and timing the market is even more difficult to get right than the direction of markets. Investors are encouraged to keep it simple by setting up regular savings and investment plans regardless of the market conditions. Staying invested for the long term and developing ongoing good investing habits is the only way to better prepare for volatile markets.