10-04-2008, 12:08 AM
>>maybe you noticed, we're in a down trend period
i've done a lot of reading about the stock market lately and all of it says that you can't predict the future by looking at the past. managed funds rarely bring a better return than an index fund after expenses are considered. finally, yes, some fund managers will beat the stock market but they're simply winners of a statistical lotto and it doesn't prove they'll do as well in the future.
in summary, the fact that we've been in a downward trend gives us zero information on what the future will hold.
>>To me, buy and hold for ever is like playing poker, but never folding a crappy hand.
warren buffet would disagree.
if you want to move a bit of money around now and then, do it with a small amount of your investment money so you don't harm your long term goals.
i've done a lot of reading about the stock market lately and all of it says that you can't predict the future by looking at the past. managed funds rarely bring a better return than an index fund after expenses are considered. finally, yes, some fund managers will beat the stock market but they're simply winners of a statistical lotto and it doesn't prove they'll do as well in the future.
in summary, the fact that we've been in a downward trend gives us zero information on what the future will hold.
>>To me, buy and hold for ever is like playing poker, but never folding a crappy hand.
warren buffet would disagree.
if you want to move a bit of money around now and then, do it with a small amount of your investment money so you don't harm your long term goals.