Quote:
Originally Posted by tc328
I know timing the market is hard to achieve and sounds silly but I done it in the pass. Worst case is Im earning less in my investments/retirement.
|
Throwing darts with your eyes closed will have you sometimes hitting the bulls eye, "I've done it in the past" doesn't mean it is a good plan. I completely believe that some of the market timing you have done in the past was successful, question is if your timing puts you ahead or behind what doing nothing (not trying to time it) would have gotten you.
Obviously the worst case is you don't earn as much.
Quote:
Originally Posted by NickyC
To put the final nail in the coffin of whatever it was that has driven this ridiculous rally the past eight, oops make that seven years, please allow Richard Fisher to explain.
http://finance.yahoo.com/news/richar...135519223.html
Funduuurmentals my everlovin ARSE. Good luck going forward peeps! |
He points out what has happened in the past and says things may be slow going forward, again not seeing any reason to panic or change anything.
If he could give us dates of what will happen and how much up or down it would really be impressive.
