NeilEzell

So is Our Market Timing Off, or Not?

John, if it makes you feel any better I would be really surprised if your timing has been worse than mine. Having lived through the dot com era I panicked and dumped all my non tax deferred funds june 7. My stradegy this year seems to be one I invented, "sell low and buy high". I'm not an astute investor as you seem to be, no idea what leveraged indexing means. I'm just a simple mutual fund buyer. Unfortunately at age 54 I can't work due to custody of an 11 year old autistic son and the only child of elderly parents in very bad health. Luckily no dedt, own a modest home free and clear and a reasonable nest egg from my former fast food restaurants I was forced to sell. But whats reasonable these days with expectations of rising inflation at my age? I can't afford to set on the side lines and can't risk investing and taking a large hit. Hell of a spot to be in. Any suggestions given the limited information I mentioned other than move to third world country where 1 million $ still looks impresive?

Best of luck to you and hopefully me too. Neil