When Playing Defense Can Hurt Your Offense

THE WALL STREET JOURNAL: BUSINESS & FINANCE, Saturday/Sunday, November 3-4, 2012

THE INTELLIGENT INVESTOR, By Jason Zweig

“…After years of being mocked as “buy and hope,” the patient strategy of holding stocks and bonds is paying off again.  By contrast, many “tactical” funds, which seek to smooth out short-term market swings through more-frequent trading, are coming up short.”

Being “tactical” in the stock and bond market may hurt your financial goals.

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