The slope in down markets is (b-c), and for a successful market timer
the c parameter should be positive.
Statistics show that most market timers
actually underperform investors with a buy and hold strategy.
In other words, value fund investors are not true contrarians but market timers
, succumbing to the behavioral pitfalls that snare investors in growth and other market styles.
In the interest of protecting shareholders with a long-term investment horizon, US Global continues to monitor for disruptive short-term market timers
Bottom line: A University of Michigan study found that, over a 30-year period, market timers
averaged an annual return of 3.
Founded in 1986 on the philosophy that strength, growth and the diversification of their client's hard-earned money is made possible through knowledge, diligence and years of experience, Banyan Rock & Talent specializes in areas including stocks, bonds, mutual funds, variable annuities, retirement strategies, market timers
, life insurance, disability insurance and applied real estate.
SOME PEOPLE SAY THE MARKET TIMERS ruined it for everybody.
This and many other studies have shown that market timers
do not beat the market.
Fund companies are becoming much more active in keeping market timers
out, fairly valuing securities and improving compliance and disclosure," said Russel Kinnel, director of fund analysis for Morningstar Inc.