Answer :
T.E. Olsen et al. Invariant controls in stochastic allocation problems. With unsure activity rates, the investment-timing option, which is the ability to delay as an alternative than right away put into effect or reject a capital budgeting project, can considerably amplify a project's value.
Is the timing of an investment important?
Our research suggests that the cost of waiting for the best moment to make investments commonly exceeds the benefit of even perfect timing.
And due to the fact timing the market perfectly is nearly impossible, the great strategy for most of us is not to strive to market-time at all.
Instead, make a format and make investments as soon as possible.
Learn more about optimal timing of investment here:
