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Reply to "Federal employee, how do you choose your TSP investment?"
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[quote=Anonymous][quote=Anonymous] Well, now you are talking about timing the market rather than choosing an investment allocation. If you think you can time the market and move in and out of stocks and bonds to make more money, fine. But for everyone who gets this right there is someone who gets this wrong - every buyer has a seller. Many people who went into bonds when the market crashed missed out on the recovery.[/quote] Every investment allocation necessarily has a market timing element even if the notion behind has no intention to try to time the markets. I agree that trying to time markets is a loser's game. But investment allocations can change over time (long-term, not jumping around to the next hot thing) based on the reality of analyzing developing facts regarding the entire economic picture. Trying to distinguish between those two when the purpose behind the allocation decision is not to time markets is specious.[/quote]
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