I would caution against the 'time in the market' theory by just showing people the Japan equities chart over the past 30 years. Good companies? Sure. Great companies? Maybe not so much. Your money can sit there a very long time with very little to show for it. True also for the LSE, SGX and pretty much every equity market on the planet. How many great companies in the USA? It's quite possible USA becomes like the EU and are dominated by private markets and public markets only for unloading on the noobie. Cash, crypto, credit, volatility, commods but only a small portion of equity or equity index.
I would caution against the 'time in the market' theory by just showing people the Japan equities chart over the past 30 years. Good companies? Sure. Great companies? Maybe not so much. Your money can sit there a very long time with very little to show for it. True also for the LSE, SGX and pretty much every equity market on the planet. How many great companies in the USA? It's quite possible USA becomes like the EU and are dominated by private markets and public markets only for unloading on the noobie. Cash, crypto, credit, volatility, commods but only a small portion of equity or equity index.