Discuss the evidence regarding the ability of most investors to effectively time getting in and out of
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Discuss the evidence regarding the ability of most investors to effectively time getting in and out of the stock market. How sensitive are returns to being out of the market for just a few days of good stock market performance?
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The evidence suggests that most investors struggle to effectively time their entry and exit from the stock market Market timing involves trying to pre...View the full answer
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Personal Financial Planning
ISBN: 9781439044476
12th Edition
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
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