Sunday, November 26, 2017

Inconsistent Time Horizons

It may seem to you that I'm acting confused
When you're close to me
If I tend to look dazed I've read it someplace
I've got cause to be
--Tina Turner

Buy-and-hold investors often argue that one has to be in it for the long haul. That you can't time the markets.

Many of these 'long term' investors chide bears who predict market declines but, because no decline has occurred recently, those bears must obviously wrong.

See the inconsistency?

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