Comments on: The Dangers of Market Timing http://www.GenYwealth.com/dangers-of-market-timing How to Get Wealthy Wed, 14 Dec 2011 19:37:12 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Josh Opinion http://www.GenYwealth.com/dangers-of-market-timing/comment-page-1#comment-123 Josh Opinion Mon, 25 Jan 2010 23:07:27 +0000 http://GenYwealth.com/?p=896#comment-123 What do you think is a good investment for GenY right now? I have been thinking about investing in some high risk index funds. What do you think is a good investment for GenY right now? I have been thinking about investing in some high risk index funds.

]]> By: RJ http://www.GenYwealth.com/dangers-of-market-timing/comment-page-1#comment-119 RJ Mon, 25 Jan 2010 22:17:21 +0000 http://GenYwealth.com/?p=896#comment-119 Thanks Joe. It's always amusing when people brag on how they got in or how they got out of the market at the perfect time. They never realize that they have only won half the battle. Thanks Joe. It’s always amusing when people brag on how they got in or how they got out of the market at the perfect time. They never realize that they have only won half the battle.

]]> By: JoeTaxpayer http://www.GenYwealth.com/dangers-of-market-timing/comment-page-1#comment-112 JoeTaxpayer Thu, 21 Jan 2010 22:42:08 +0000 http://GenYwealth.com/?p=896#comment-112 I agree. But of all the reasons, number 5 stands out for me. How many geniuses who got out at 1500 (on the S&P) got back in yet? Elaine Garzarelli called the August 87 top, and has lagged the market for 23 years..... I agree. But of all the reasons, number 5 stands out for me.
How many geniuses who got out at 1500 (on the S&P) got back in yet?
Elaine Garzarelli called the August 87 top, and has lagged the market for 23 years…..

]]> By: RJ http://www.GenYwealth.com/dangers-of-market-timing/comment-page-1#comment-111 RJ Thu, 21 Jan 2010 14:52:35 +0000 http://GenYwealth.com/?p=896#comment-111 @ Josh - I'm on the fence about technical trading. I beleive you can beat the market in the short term. However, once you factor in taxes, fees, time, etc... it gets harder and harder to win over the long term. As research gets better and computers more powerful, there are some fund managers who have had a successful run the past 10 years. However, I would never tell someone who is just starting out that this is their best chance of success. @ Josh – I’m on the fence about technical trading. I beleive you can beat the market in the short term. However, once you factor in taxes, fees, time, etc… it gets harder and harder to win over the long term.

As research gets better and computers more powerful, there are some fund managers who have had a successful run the past 10 years. However, I would never tell someone who is just starting out that this is their best chance of success.

]]> By: Josh Opinion http://www.GenYwealth.com/dangers-of-market-timing/comment-page-1#comment-110 Josh Opinion Thu, 21 Jan 2010 00:57:38 +0000 http://GenYwealth.com/?p=896#comment-110 What do you think about the concept of trend following practiced by many successful traders. While market timing is unpredictable and risky, they believe there are certain technical indicators which can help them in entry and exit. What do you think about the concept of trend following practiced by many successful traders. While market timing is unpredictable and risky, they believe there are certain technical indicators which can help them in entry and exit.

]]> By: Victory http://www.GenYwealth.com/dangers-of-market-timing/comment-page-1#comment-109 Victory Wed, 20 Jan 2010 20:02:49 +0000 http://GenYwealth.com/?p=896#comment-109 This also pre-supposes that their exists markets which are both liquid and inefficient. This also pre-supposes that their exists markets which are both liquid and inefficient.

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