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Timing the market doesn't mean pin point, cracker jack timing. Just not bay of pigs timing. I pulled 25% my 401k out in 2008 into bonds and a money market. Save
by virmundi 10y ago
Timing the market doesn't mean pin point, cracker jack timing. Just not bay of pigs timing. I pulled 25% my 401k out in 2008 into bonds and a money market. Saved a good 15%. Then re-invested towards the bottom. Not perfect bottom to get back in. Not perfect top to get out. But 15%.
- shostack 10y agoFalse. Timing the market means trying to make investment decisions because you think the market is "high" or "low" or that it will move up or down in a certain time-frame. The only remedy for that is dollar-cost averaging over a long period of time.