Wall Street Gibberish

                       

There’s an old saying: Nothing is new under the sun. Especially on Wall Street, where the merchandisers are constantly coming up with terms for marketing old investing concepts.

                       

I have heard a new term to offer investors a means of  beating the odds of investment success. Unfortunately, it has little to do with needed discipline. The term is applied to “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, researched at about 5% for those seeking optimal in-and-out transactions. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)