I'm more or less like Devil. I just do index funds and have an asset allocation I like and rebalance it a few times a year.
I'm sure I've lost money not selling at the highs and rebuying at the lows, but I figure I have also saved some not selling at the lows and buying at the highs as well. Except for seeing where the DOW or S&P is now and then for giggles, I have neither the time nor inclination to follow this stuff all the time.
The irony of the information age is that we can't necessarily trust all the information.
Just think of how stupid the average person is, and then realize half of them are even stupider!
Last edited by cgwahl; 12-27-2012 at 21:34..