Gene Marcial’s 7 Commandments of Stock Investing

Chapter 4. Forget Timing

	“Trying to do market timing is likely not only to NOT add value to your investment program, but to be counterproductive.”
	--John Bogle, founder and former chairman of the Vanguard Group of Investment Companies

“Timing the market” is a widely accepted precept in stock investing. Its proponents believe that to win in the stock market, “timing is everything.” Is it? This chapter discusses the issue of timing and proposes that, in fact, timing is far from everything. Timing has enough toxicity that could poison your portfolio.

Let us examine why proponents of timing are adamant in their assumption that timing is a relevant and pivotal tool for making money in the stock market. Many market pros—in particular, the market technicians ...