While Paul is not an advocate of timing for most investors, he tries to help investors understand that most comments about timing do not represent the realities of what timing is meant to accomplish, which is to protect investors during major market declines. For those interested in timing, this link takes investors to graphs by Dr. Edward Yardini that show timing at work for 90 years. Paul's hope is that investors will see that they may have periods of feeling pleased with the work of timing, but many more periods when market timing is very unproductive.
Paul also discusses changes in upcoming AAII presentations, as Don McDonald of Vestory has offered to substitute in making Paul's presentations in Boston, Westport and NYC, while Chris Pedersen may make the presentations in Silicon Valley and San Diego. None of these are finalized but we will have more on these in coming week. (Click here for upcoming presentations).
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