Some thoughts…
We don’t know the future, that’s a fact.
Most people time the market poorly and doing so subjects one to quite a few psychological forces that can be damaging to long-term wealth growth.
For most people Jack Bogle’s advice to pick an allocation, use low cost investment instruments and stay the course is quite solid advice.
Markets are highly competitive these days, therefore it’s very tough to beat an index.
At least according to Fidelity research, their best performing accounts are those that have been forgotten about.
Concur with the advice on advisors who manage investments. A financial planner who can assist with estate planning, tax strategies, social security and medicare strategies is worth spending some coin on…unless they also manage investments.
Now of course there are exceptions to all of the above, but it “generally” applies…to most people.