Trying to predict market movements sounds great. There’s only one problem. It doesn’t work.
“My clients pay me a lot of money so I can tell them that I don’t know the future,” says Allan Roth, a certified financial planner based in Colorado Springs, Colo.
“The more we try to time the market, the worse we do.”
John Kimelman, “The Timeless Allure of Stock-Market Timers,” Barron’s, October 28, 2014
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