I have always found this fictional illustration helpful.
Last year I introduced my family to investing before the crash in October last year. I also told them about the Santa Rally that happens at the end of the yearā¦
Thankfully I also told them about Bob and why today those who held on to their portfolio positions havenāt lost a thing and have actually made returns. Every sea gets stormy, but if you stay in the ship and ride the waves you will reach the land in one piece.
I particularly like thisā¦I have seen many illustrations of the benefits of long term investing and pound cost averaging etc before but it nice to see what happens if you get you timing completely wrong. Clearly a very long timeframe to bring it back but stillā¦
The ācrashā at the end of last year already seems a long time ago.
I second that. You have to ride out the turbulent times & not panic.
Think the evidence is pretty clear on this one - itās all about ātime in marketā not ātiming the marketā
Another similar illustration
I think that is the problem with so many beginners in investing, they try to time the market when in-fact they should be spending time in the market & staying patient.
Might be time to resurrect the Bob thread.
Hold on tight!
Be wise. Be like Bob. 
There is hope for me yet!
Bump
Almost a year to the day since it was last neededā¦
Diamond hands peoples
plot twistā¦ iām bob