There is a saying worth keeping in mind when it comes to investing.
Do not let perfect get in the way of good.
A lot of investors get stuck waiting for the perfect entry point. The right moment. The bottom of the dip. The signal that says now is the time. The problem is that perfect almost never shows up in real time. It is usually only obvious in hindsight. And while you are waiting for it, the market keeps moving.
We make investment decisions on fundamentals. Is this a quality investment. Does it fit the plan. Does it serve a real purpose in the portfolio. Those are the questions that drive the decision.
Technicals have a role to play, but it is a smaller one. They can help inform when to start a position or when to add to one. They are a tool for execution, not a tool for deciding whether the investment makes sense in the first place.
Trying to time the market perfectly tends to be paralyzing. Investors end up sitting on the sidelines waiting for clarity that does not come, while time and compounding keep working without them.
Get the fundamentals right. Use the technicals to help with the timing on the margins. And do not let the chase for perfect get in the way of doing something good.
This material is for general information and educational purposes only and is not intended to provide specific advice or recommendations for any individual. Investing involves risk including the loss of principal.