Comments on: Are You Smart Enough To Time the Market? http://www.moneyhelpforchristians.com/are-you-smart-enough-to-time-the-market/ Bible money teachings | make money, give, budget, get out of debt, invest Fri, 12 Mar 2010 04:28:39 +0000 http://wordpress.org/?v=abc hourly 1 By: Craig http://www.moneyhelpforchristians.com/are-you-smart-enough-to-time-the-market/comment-page-1/#comment-178 Craig Thu, 02 Jul 2009 14:50:15 +0000 http://www.moneyhelpforchristians.com/are-you-smart-enough-to-time-the-market/#comment-178 I completely agree. Timing may produce some small short term wins. But as you mentioned investing is a long term endeavor. I think we all have this natural self that is tempted by the get rich quick idea (especially men). Knowing our purpose and avoiding greed goes a long way towards successful investing. Thanks for you comment. I completely agree. Timing may produce some small short term wins. But as you mentioned investing is a long term endeavor. I think we all have this natural self that is tempted by the get rich quick idea (especially men). Knowing our purpose and avoiding greed goes a long way towards successful investing. Thanks for you comment.

]]> By: JT@RedeemingRiches http://www.moneyhelpforchristians.com/are-you-smart-enough-to-time-the-market/comment-page-1/#comment-177 JT@RedeemingRiches Thu, 02 Jul 2009 12:25:30 +0000 http://www.moneyhelpforchristians.com/are-you-smart-enough-to-time-the-market/#comment-177 I guess we know why you found that book in a second-hand store now. Timing the market when things are way down is fairly easy. Anyone can buy a stock when it is super cheap. The hard part is knowing when to sell and take the gains. Over the short-term you can probably make a few good bets and win, however market timing doesn't work over the long run. Wise, disciplined investing, diversification and rebalancing work. Also, having a purpose for the money and a financial plan in place helps to avoid the "get rich quick" mentality that can creep in from market timing. .-= JT@RedeemingRiches´s last blog ..<a href="http://redeemingriches.wordpress.com/2009/07/01/what-michael-jackson-teaches-us-about-money/" rel="nofollow">What Michael Jackson Teaches Us About Money</a> =-. I guess we know why you found that book in a second-hand store now.

Timing the market when things are way down is fairly easy. Anyone can buy a stock when it is super cheap. The hard part is knowing when to sell and take the gains.

Over the short-term you can probably make a few good bets and win, however market timing doesn’t work over the long run. Wise, disciplined investing, diversification and rebalancing work.

Also, having a purpose for the money and a financial plan in place helps to avoid the “get rich quick” mentality that can creep in from market timing.
JT@RedeemingRiches´s last blog ..What Michael Jackson Teaches Us About Money My ComLuv Profile

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