Market Timing Needs To Become A Habit, Like Brushing One’s Teeth Or Eating Balanced Meals
We have complicated the concept of market timing. We think of it as this difficult, rarely employed, tactical move. For … Read more
We have complicated the concept of market timing. We think of it as this difficult, rarely employed, tactical move. For … Read more
The weird thing about Robert Shiller’s Nobel-prize-winning research showing that valuations affect long-term stock returns is that stock prices become … Read more
The Buy-and-Holders tell us that market timing is not really necessary, that it doesn’t even work. And, for the most … Read more
Robert Shiller published research showing that market timing is required. It’s not often stated that way, In fact, I have … Read more
Shiller showed that irrational exuberance is a thing. Stock investors are not 100 percent rational, as the Buy-and-Holders posited. They … Read more
Buy-and-Holders believe that market timing is a bad idea. It never works, they claim. Investors are rational. So they always … Read more
Buy-and-Holders don’t just disdain market timing. They have promoted a false description of what it is. Most investors properly have … Read more
Stocks are today priced for a crash. They have been priced for a crash for a long, long time. So, … Read more
Retired Financial Planner Bill Bengen, who did more than anyone else to popularize the infamous 4 percent rule (the idea … Read more
Today’s CAPE value is 31. Did you even know that? It is my sense that most investors do not pay … Read more
The Efficient Market Theory posits that all available information is taken into consideration in the pricing of stocks. It sounds … Read more
I remember my parents having a conversation at the breakfast table when I was eight years old. My mother claimed … Read more
Do you want to become a better stock investor? If you do, you’re the exception, not the rule. I have … Read more
Say that you were studying for a Ph.D. in history. Over a number of years, your knowledge of the subject … Read more
Have you ever had a friend who was an alcoholic? If you have, you know how frustrating it can be … Read more