You're telling us not to time the market cause VGT is up from 6 weeks ago... If you timed the market.
nah that's not what I'm getting at.
If you just bought and held that fund you got 19% per year over the last 10 years.
If you bought and sold trying to time the market you would have missed a lot of that as you sold out of fear and waited for an 'all clear' signal that never came. The fund would race 17% in a month and you would be sitting in cash.
but sure, if you were really talented and lucky at market timing you could sell high and buy low. But come on.
You're telling us not to time the market cause VGT is up from 6 weeks ago... If you timed the market.
nah that's not what I'm getting at.
If you just bought and held that fund you got 19% per year over the last 10 years.
If you bought and sold trying to time the market you would have missed a lot of that as you sold out of fear and waited for an 'all clear' signal that never came. The fund would race 17% in a month and you would be sitting in cash.
but sure, if you were really talented and lucky at market timing you could sell high and buy low. But come on.
I don't time the market with my base portfolio, for the most part. That's buy and hold. But even though I know it's not a good idea to leverage one's exposure, i have, as you know, been known to do so.
That said, I have found it necessary to try to time the market with that portion. Essentially, two wrongs making a right, though some may disagree.
Been fretting over Apple, due within the next hour...
I worry about apple....how much bigger can that company be? How much better can its mousetrap stay? Seems to me unless they come up with some new product other than an evolutionary Iphone (unlikely) the company won't get too much bigger.
I suppose they'll move into sticky services like many of these companies are doing....no size limit to that one.