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The “Experts” Stock Picks for 2010–Yeah Right
Experts are always telling us what stocks to buy and sell. For most investors, we view this as what John Bogle of Vanguard Funds called it, “Investtainment.”
- There has been NO PROOF that stock pickers, market timers or analyst can accurately and predictably predict the market and achieve above average returns.
The best way to invest is to utilize low cost index and exchange traded funds while developing a portfolio that manages your risk comfort. Cost, risk, asset allocation/diversification and rebalancing are the only things you can control so learn the facts.
http://online.wsj.com/article/SB126126238767798771.html
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