
For most of a person’s working life, the standard advice around investing is fairly consistent: stay in the market, ride out the dips, and let time do its job. That advice is grounded in real math. Over long enough stretches, markets have historically recovered from even severe downturns. The problem, according to Deric Ned, founder of Ridgemont Capital in Pasadena, California, is that the advice stops being accurate the moment






