Beating the Bear Market: Plan for Long-Term Investing

We’re heading into a recession in the U.S. economy, and a bear market is coming in terms of stock investing. I’ve been posting advice from Paul Farrell’s article on MarketWatch, “Ten resolutions that will help you survive the coming bear market.” All sorts of words of wisdom about practical investing in these perilous economic times. Today’s chosen extract is this:
Nobody can time the market. Remember, about 75% of all managers fail to beat their benchmarks. They want you to play the market because they get rich from your trading fees and commissions. If you have an itch to gamble, go …read more