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I came across an article today on cnn.com talking about market timing. I couldn?? agree more with the first part of the article about market timing. When talking about how some investors are sitting on the side lines and waiting for a correction to happen before they invest new money into the stock market, here?? an important point that people should realize:

“Stocks can go from overvalued to even more overvalued and stay in that territory a long time.”

So for the long term investors amongst us that have cash sitting around and are just not putting it into stocks because they think there will be a correction. Please rethink your strategy!

For short term traders, this strategy obviously does not apply. But then again, if you are short term traders, you should have confidence that you know what you are doing. Otherwise, you are treating the stock market like a casino and this is not recommended here at My Own Millions Blog.

For those that need help, I would advise checking into investing in index funds. They are not exciting at all, but provide an ??bove-average??return with the least maintenance and care on your end so you can focus on generating more money to invest.