The S&P 500 rose only 0.8% since March and 15.8% since the beginning of the year. In other words, most of the gain for the year took place in the first 3 months.
This is the reason I believe timing is essential because market volatility can wipe out your gains in a very short time.
I also believe asset allocation is a must tool to manage risk. More on my videos on this blog.
George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager
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