Also, taxation takes away most of the edge between timing vs buy & hold.
We need IRAs like in the US. The retirement corpus is individually managed and allowed to grow tax-deferred till retirement. Tax event only occurs when withdrawing from the account. But I doubt this will ever happen, at least not until we are a much richer country.
Strategies that works in backrests ignores pycological pain,uncertainty, emotions
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Its a good way for the universe to separate the deserving from the rest. Patience, guts, and behavioural biases are rewarded only after being tested.