Sometimes you just have to shake your head in disbelief and laugh.
Like this Wall Street Journal piece by Evan Newmark.
In what is basically an anti trading / timing the market article, Evan says, just don't do it.
"practically no one can be a consistently great market-timer"
So how did Evan come to this conclusion?
Maybe his views were coloured by the fact that - "in October 2008, I managed to lose half my (trading) money with a trade in the Financial Select Sector SPDR, symbol XLF, in a month’s time"
But that's OK, Evan has most of his money in solid long term, buy and hold investments.
And how's he doing there?
" I’m down just about 1% annually over five years, outperforming the S&P 500 by about one percentage point. "
Good luck with your retirement strategy Evan.