NW-Bound
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jul 3, 2008
- Messages
- 35,712
IOW, Buy & Hold + re-balancing. All market timing. They all use the same data to predict the same things. And yes, it's all a prediction game. The only difference is the ones who (claim to) buy and hold and rebalance-only, simply declare it ain't timing based on predictive methods.
Buy/holders believe that in the long run things will go up.
Rebalancers believe that when stocks/bonds move in opposite directions, they tend to reverse later.
Both are based on the belief that the future will be like the past, which itself is a prediction.