Should I try to time the market?
About This Episode
Paul shares writings and wisdom from two of his trusted Truth Tellers, George Sisti of On Course Financial Planning and Dr. Jim Dahle of The White Coat Investor. Both of these experts are focused on helping people be better buy-and-hold investors. George's blog post is titled “ Here We Go Again! ” and Jim’s blog post is “ Should I try to time the market?”
While Paul is not an advocate of timing for most investors, he tries to help investors understand that most comments about timing do not represent the realities of what timing is meant to accomplish, which is to protect investors during major market declines. For those interested in timing, this link takes investors to graphs by Dr. Edward Yardini that show timing at work for 90 years. Paul's hope is that investors will see that they may have periods of feeling pleased with the work of timing, but many more periods when market timing is very unproductive.
Paul also discusses changes in upcoming AAII presentations, as Don McDonald of Vestory has offered to substitute in making Paul's presentations in Boston, Westport and NYC, while Chris Pedersen may make the presentations in Silicon Valley and San Diego. None of these are finalized but we will have more on these in coming week. (Click here for upcoming presentations).
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