{"product_id":"the-art-of-investing-tony-pow-9781537622491","title":"The Art of Investing: Market Timing","description":"There is no need to time the market from 1970 to 2000. From 2000 to 2014, the market crashed two times with an average loss of about 45%. Our simplest technique told us to exit the market on around March 20, 2022. \u003cp\u003e\u003c\/p\u003eThe apples you picked are sour but some other times they are tasty from the same tree. You pick them at the wrong time for sour apples. \u003cp\u003e\u003c\/p\u003eMarket timing is about educated guesses. Hopefully we will have more rights than wrongs when we follow general guidelines. It would reduce risk and could benefit us financially in the long run. Recently we have more false signals than before. However, it is better to follow a proven system than not. \u003cp\u003e\u003c\/p\u003eMarket plunges have losses between 30% and 55% usually. There is a gray area for 20% to 30% losses, which does not happen often. When the market plunges, it plunges hard and fast. My techniques tell you to exit the market and when to return to equities. The techniques are based on falling prices, so they will not indicate peaks and bottoms, but they will help you to reduce further losses. \u003cp\u003e\u003c\/p\u003eWithin the secular market, there are market cycles. There is a super cycle that I ignore as I find it not too useful. \u003cp\u003e\u003c\/p\u003eEvery market is different. Today we have excessive money printing that changes all the previous logic such as the average length of a market cycle. However, correlation of the market and the economy will correlate again. Do not know when, but it will. Otherwise, we have to rewrite all the books on investing. \u003cp\u003e\u003c\/p\u003eLast Update: 05\/2022. \u003cbr\u003eSize: 150 pages (6*9).\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Tony Pow\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1537622498\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781537622491\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Createspace Independent Publishing Platform\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/11\/2016\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 154\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.47lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.33d","brand":"Tony Pow","offers":[{"title":"Paperback","offer_id":43938123022591,"sku":"9781537622491","price":9.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/products\/img_05e712e3-c18e-4268-a5cf-8ed8a2a8cc48.jpg?v=1681433866","url":"https:\/\/www.whiterainbookhouse.com\/products\/the-art-of-investing-tony-pow-9781537622491","provider":"WR Book House","version":"1.0","type":"link"}