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.
2009 Market Timer of the Year by Timer Digest
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