Re: Did you ever hear Elle the PhD say the markets couldn't be timed?

"NoEd" <> wrote

> Do you consider rebalancing market timing?

No. I also don't think trading is timing.

> Also, do you consider a change in ones portfolio as a result of a change
> in ones risk tolerance market timing?

Depends. In the case below, yes. It would be based on an investors opinion
of short term market movements. If you turn 60 years old and want to
increase income investments 5% then I don't see that as timing but rather
perceived risk reduction.

> Again Ed you are showing how easily you're intimidated.

Hmmm, intimidated. Interesting choice of words but how do you see it
applying in this instance?

Questions:
1. "I think stocks are somewhat overvalued". Are buy and holders concerned
with current value as they see it?
2. Do you think bonds are a good idea here?



>
> "Ed" <> wrote in message
> news:
>>I have.
>>
>> This is Elle's response to a poster on another board:
>>
>> "Elle" <> wrote
>>
>>> Re bond percent: You do mean investment grade bonds, don't you? Can you
>>> explain why the % you have is so low (to me)? I think stocks are
>>> somewhat
>>> overvalued, and investors are still skittish, so I anticipate a somewhat
>>> flat stock market for the next several years. A bond ladder may yield
>>> more
>>> than stocks with their reinvested dividends of only 2-3% or so. I should
>>> think you'd want 5 to 15% in IG bonds.
>>
>> Is it just me or do you think Elle/Caroline/Caliban/PhD is doing a little
>> timing here?
>> Should those IG bonds be short, intermediate, or long term? Should they
>> be foreign or domestic? Elle, PhD has the answer.
>>
>
>