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Strategies & Market Trends : Stock and Bond Market-Timing: Can it be Done? -- Ignore unavailable to you. Want to Upgrade?


To: Honey_Bee who wrote (41)1/16/2009 4:08:51 PM
From: dick_from_chgoo  Read Replies (3) | Respond to of 3605
 
"But would you agree that a good portion of that cash is the result of NOT following Brinker's advice and selling out stock holdings?'

Of course it is. "Most" of that good portion is there due to institutional selling along with people who instructed their financial managers to bail when the markets were in free fall. However, there is also a good amount of new money there as well.

The fact is that most folks (what, 50%-60% of adult americans?) who invest in the equity markets, don't even know who Bob Brinker is much less follow his advice. You may not believe this because your world seems to be consumed by his financial work and advice, but IMO the vast majority of us make our own financial decisions. Brinker is just one voice we hear with regard to investing.

The ultimate responsibility for our individual decisions rests within ourselves, using Brinker or any other financial advisor or newsletter writer as a scapegoat is merely a means to deny personal culpability.