An often used quote in the financial world states that it is not ‘timing the markets’ but ‘time in the markets’ that matters.
This refers to the way shares not only have a share price that fluctuates on a daily basis, but they also pay a regular dividend which is based on the financial performance of the company whose share you are holding.
By choosing to reinvest the dividend, you can make a massive difference to the growth within your investments.
This article from the Daily Telegraph provides more detail: Click here.