Timing the Markets

I previously posted about timing the market versus time in the market.

Robyn Bowerman has an interesting post on opportunity cost of mis-timing the market. Basically, if you miss the best 20 days of trading in a decade you will halve your return. Robyn doesn't get into the details on if you miss the worst 20 days of trading, what your returns would be, but I'd guess your return would be close to doubled.

The moral of the story is however, you really don't know when the best and worst days are, so invest for the long term!