Despite
the media’s encouragement, with its constant reportage enticing its
public with suggestions about timing the markets, repeated independent
research has shown that market timing does not consistently work.
Only
luck and chance with regard to time of market entry plays a major role.
On the other hand, allocation of assets and discipline of strategy are
more important to investment success. Rather than anecdotal accounts of
who accidentally struck it rich while buying and selling on personal
whim.
(See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)
No comments:
Post a Comment