Michael Kitces is Director of Research for Pinnacle Advisory Group, a private wealth management firm in Columbia, Maryland. Michael is also a very active writer and speaker in the financial advisory community. He provides very good insight for financial advisors, clients, and DIY investors on his blog Nerd’s Eye View. Michael published a guest post […]
DALBAR Study Overstates Investors’ Bad Timing
We just passed the two-year anniversary of a recent stock market bottom. Numerous articles in the newspaper and on the web show investors as a whole are dumb. They took money out of the stock market near the bottom and they are now putting money into the stock market after the market recovered almost to […]