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Brown Cafe UPS Forum
UPS Retirement Topics
Seriously Underfunded Teamster Pension Funds
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<blockquote data-quote="mrvngrdns" data-source="post: 392487" data-attributes="member: 7204"><p>So you have the ability to time the market, something that every financial adviser in the world cautions against. Why aren't you a Wall Street guru then? Are you telling everybody that you can predict when the market will turn south, or vault upwards? The main risk of timing the market is missing the period when the market rises rapidly, often just after a down period, when you would most likely be parked in a money market or bond fund. If you miss these crucial up days, your total return will be lower than if you simply had stayed in. Bad advice.</p></blockquote><p></p>
[QUOTE="mrvngrdns, post: 392487, member: 7204"] So you have the ability to time the market, something that every financial adviser in the world cautions against. Why aren't you a Wall Street guru then? Are you telling everybody that you can predict when the market will turn south, or vault upwards? The main risk of timing the market is missing the period when the market rises rapidly, often just after a down period, when you would most likely be parked in a money market or bond fund. If you miss these crucial up days, your total return will be lower than if you simply had stayed in. Bad advice. [/QUOTE]
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