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Old 07-18-2005, 03:53 PM
Peter666 Peter666 is offline
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Join Date: Jun 2005
Posts: 346
Default Re: Buy and Hold vs Market Timing

If you are satisfied with 7% average interest over 10 years, there is absolutely no reason to market time, and plenty of disadvantages, such as trading fees. Rather stick it in a good value invested mutual fund. I think this works safely up to about a 12% yield.

If you want to make more than 12% interest, than studying and playing with individual stocks is the way to go. Here is a recommendation: time it to put your money into Berkshire Hathaway when Warren Buffet dies, so you get the stock at a low price. And then forget about it until you want to spend it.
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