Tuesday, July 14, 2009

Buying High and Selling Low - NYTimes.com

More evidence that suggests we are not very good at market timing.From The NY Times:Strategies - Buying High and Selling Low - NYTimes.com: "A study that appeared in the September 2007 issue of the Journal of Banking and Finance has found that poor market-timing decisions are the rule rather than the exception. Titled “Mutual Fund Flows and Investor Returns: An Empirical Examination of Fund

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