Historically it’s way better to invest at market close than at market open, since most gains occur overnight

Found this 2018 article, interesting/fun fact: The Stock Market Works by Day, but It Loves the Night

  • If you had bought SPY at the last second of trading on each business day since 1993, and sold at the market open the next day — capturing all of the net after-hour gains — your cumulative price gain would be 571%
  • On the other hand, if you had done the reverse, buying SPY at the first second of regular trading every morning at 9:30 a.m. and selling at the 4 p.m. close, you would be down 4.4%

View post on imgur.com

Chart: https://i.imgur.com/YPTjg3v.jpg

 

h/t  KingTimKap

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