择时靠谱吗？一个实验告诉你！

Group 1 - The article discusses the allure and misconceptions of market timing versus systematic investment strategies like dollar-cost averaging [4][5] - It highlights that most investors lack the ability to consistently time the market effectively, making long-term investment strategies more reliable [5][12] - The article presents a simulation of systematic investment in the CSI 300 index, showing varying returns based on different investment strategies over a 20.3-year period [6][8] Group 2 - The simulation results indicate that investing at the opening price yielded a total return of 51.77%, while the highest price, lowest price, and closing price strategies yielded 43.56%, 59.23%, and 50.49% respectively [7][8] - The average annual compound returns for these strategies were 2.08%, 1.80%, 2.32%, and 2.03% respectively, demonstrating that even the best timing strategies do not significantly outperform systematic investment [8][10] - The article concludes that while precise timing can enhance returns, its impact on long-term investment success is limited, reinforcing the value of a long-term investment approach [11][12]