Warren Buffet, one of the richest and most successful investors in the world, says he can’t do it. John Bogle of Vanguard, and father of the index fund, says he can’t time the market and he doesn’t know anybody who can. They think they are playing it safe by anticipating events, and then retreating to a safe harbor/investment until the problem they predicted solves itself and the market returns to normal when it is safe to return. People yanked $2.1 billion from their stock-indexed C, S and I funds to keep them safe.
Life’s lessons unlearned: Timing the stock market – FederalNewsRadio.com
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