Because nobody knows whether the market will actually go down or up. Staying out of the market right now because it's risky is saying that you believe you know what direction the market will go. On the contrary, the research indicates that time in the market beats timing the market.
jongleurse t1_jad08uc wrote
Reply to comment by throwaway18000081 in Quitting job soon - anything I should do now with 401k before resigning? by cantnap
Because nobody knows whether the market will actually go down or up. Staying out of the market right now because it's risky is saying that you believe you know what direction the market will go. On the contrary, the research indicates that time in the market beats timing the market.