Rick Kahler: Market timing for expert fund managers only | Financial Awakenings

“Keep your hands away from your investments and back away from the market reports.

”That pretty much sums up passive investing, the approach I have practiced for years. I’ve preached it for years, too, and did so in a recent column. The wisest way to build wealth is by investing in a variety of asset classes, setting target allocations in each asset class, and then taking your hands off except to periodically rebalance to the original target allocations.

via Rick Kahler: Market timing for expert fund managers only | Financial Awakenings.