Market Timing

Those who follow the markets or specific investments more closely can beat the buy and hold strategy if they are able to time the markets correctly and consistently buy when prices are low and sell when they are high. This strategy will obviously yield much higher returns than simply holding an investment over time, but it also requires the ability to correctly gauge the markets.

For the average investor who does not have the time to watch the market on a daily basis, it may be better to avoid market timing and focus on other investing strategies more geared for the long-term instead.