all about market timing 2e - masonson 2011

[...]... getting physically or mentally sickened by their losses? That is what this book is about All About Market Timing will provide you, whether you’re a beginner or a more advanced investor, with easy-to-understand, time-tested market timing strategies that work Timing will help you to make more accurate buy-and-sell decisions No longer will you sell out as the market bottoms or buy at the market tops Keep... All About Market Timing was fourfold First, I wanted to provide the rationale and facts behind my assertion that market timing is a superior investment strategy to the ever-popular buy-and-hold strategy Second, I wanted to provide a handful of easy-to-understand, easy-to-implement, and profitable market timing strategies Third, I wanted to help you to avoid the brunt of future bear markets and protect... of market timing that you were never told by the Wall Street gurus, financial magazine articles, or financial radio and TV shows The critical characteristics of successful market- timers are provided, as well as six key points about market timing that need to be understood The distinction between classic market- timers and dynamic asset allocators is covered Documented examples of specific market- timers... reliable, time-tested market timing system and follow all its signals, you will exit the market after it begins to turn down and you will reenter the market after it begins to turn up, all in time to 6 Introduction make nice gains Market timing will never pick the exact bottom or top of the market, but it will, nevertheless, provide useful signals after the trend has changed direction Market timing signals... comments about market timing or your comments on the value of this book You also may be interested in another book I wrote that was published in 2010 entitled, Buy DON’T Hold, and its accompanying Web site and blog at www.buy donthold.com Please e-mail me at lesmasonson@yahoo.com PA R T 1 Market Timing Basics This page intentionally left blank CHAPTER 1 The Stock Market = Bull Markets + Bear Markets... the few real big winners WHAT IS MARKET TIMING? market timing is defined as making investment buy-and-sell decisions using a mechanical trading strategy with specific rules or indicators The objective is to be invested in stocks during an uptrend and to be either in cash (or in a short position) when the stock market starts to decline market timing can be applied to all types of investments, including... of these professionals, after reading this book, will embrace timing strategies to use in their investment arsenal for the benefit of their clients HOW THIS BOOK IS STRUCTURED All About Market Timing is a “tell-it-like-it-is” book There is no fluff, just the unvarnished truth I am not a mutual fund manager, portfolio manager, or subscription-based newsletter writer I am not selling any investment services... the merits of market timing, then I recommend that you go directly to Chapters 5 through 11 for the recommended investment vehicles and market timing strategies If you prefer subscribing to a market timing newsletter or service instead of using a self-directed timing strategy, then read Chapter 12 first Enjoy the road ahead, and get ready to consider changing the way you invest Stay open-minded and be... long run Buy-and-hold is the best approach to investing Market timing is for losers Dollar-cost averaging is a good strategy Introduction ■ ■ 9 Financial advisors, brokers, and so-called stock market gurus should be consulted or followed to obtain the best possible investment advice and investment results Tax consequences are critical in making investment decisions Believe it or not, all these beliefs... buy-and-holders discovered in 2008 and early 2009 As far as I know, there are only two solutions that make sense One is to buy and hold a portfolio with an ample allocation of fixed-income funds This brings stability, but at the same time, it reduces long-term returns The second solution, the topic of this book, is to employ a disciplined market timing approach—which, by the way, can include fixed-income . publisher. ISBN: 97 8-0 -0 7-1 7537 8-4 MHID: 0-0 7-1 7537 8-8 The material in this eBook also appears in the print version of this title: ISBN: 97 8-0 -0 7-1 7537 7-7 , MHID: 0-0 7-1 75377-X. All trademarks are. w0 h0" alt="" All About MARKET TIMING THE EASY WAY TO GET STARTED OTHER TITLES IN THE ALL ABOUT FINANCE SERIES All About Technical Analysis by Constance Brown All About Stock Market Strategies. Faerber All About Investing by Esmé Faerber All About Stocks, 3rd ed. by Esmé Faerber All About Asset Allocation, 2nd ed. by Richard A. Ferri All About Index Funds, 2nd ed. by Richard A. Ferri All