Current market scenario perfect for long-term investment!

Successful market timing requires two correct decisions: when to exit and when to re-enter. If we assume you have a 50 percent chance of being right on each decision (an optimistic assumption), the probability of being right on both decisions is just 25 percent. Make these decisions multiple times, and your odds of sustained success plummet further. Bottomline don’t try to time the market. Like the current market is perfect to invest for long-term rather than waiting for further correction whose probability no one knows.