By Ben Carlson
A Wealth of Common Sense
There is a distinction between market timing and risk management.
Market timing is about predicting.
Risk management is about preparing.
Market timing assumes you know what’s going to happen in the future.
Risk management assumes you don’t know what’s going to happen in the future.
Market timing is for people who think they’re smarter than the market.
Risk management is for people who know they’re not.
The commentary is the opinion of the author and distributed with permission under limited license. All data and charts presented herein are from sources deemed to be reliable but are not guaranteed to be accurate. The financial information presented is for information and educational purposes and is not a substitute for professional advice; use of or reliance on any information herein is solely at your own risk. Edited from the original.
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