the industry average of less

So how do you approach the market? Typically, investors tend to forget or try to ignore the simple fact that the market is going through a market cycle: up to bulls and bears. Everyone likes to believe that the market is rare, and if you can only buy and hold (buy and hope) that everything is fine. Since 1966, about 45 years, has gone in the stock market through 9 sessions, and currently is 10. Was working with the industry average of less than five years. This means that the average investor can pass through the cycle, the market 68.10 or more.
Active only proved flexible to include the true value of the market cycle. And the allocation for the purchase of fixed and we hope to get close, and wearing only a big jump in the water and went out, a little ‘how to play craps. Proof of desserts, if this approach fails during the crisis two years ago and does not have much to show over the past 10-12 years, which is now called “lost decade”.
Can be in the case of sharp contrast, the privatization strategy “tactical” direct or active, in Freeview tactical top-down strategy aimed at excellence emerging asset class markets that are grown and avoid the slow performance of key exchange, and continued thereafter to fall through the market you do not have strategy for the protection and management of risk and personal exit strategy.
In general, it looks good now, and I am still positive on the market. But it does not last forever, and if we want to build another bubble in the market. When this bubble bursts, it’s ugly, as it was before. This creates an interesting problem, and we know we need to invest in the future, while remaining aware of the tsunami is not inevitable.