There’s
an old saying: Nothing is new under the sun. Especially on Wall
Street, where the merchandisers are constantly coming up with new
terms with which to market old investing concepts.
I have heard a new term to offer investors a means of attempting to beat the odds of investment success. Unfortunately, it has little to do with needed discipline. The term applied to this “new” discovery is “tactical,” as in “tactical investing.”
However, it’s the same old tactic used to time the market, a strategy where the odds for best-price success are rather small at about 5% for those seeking optimal in-and-out transactions. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)
I have heard a new term to offer investors a means of attempting to beat the odds of investment success. Unfortunately, it has little to do with needed discipline. The term applied to this “new” discovery is “tactical,” as in “tactical investing.”
However, it’s the same old tactic used to time the market, a strategy where the odds for best-price success are rather small at about 5% for those seeking optimal in-and-out transactions. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)
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