There’s new evidence that market timing doesn’t work. Your odds of success are better if you just hang on and aim for average returns, our columnist says.
Not long ago, while digging through a box of old papers, I came across a stack of articles written by my former business partner Ken Petersen. One of his articles outlined “12 Rules for Financial Security.” Reading through them, I was impressed by his sage counsel. Ken retired a few years ago, but his rules are timeless. Here are Ken’s 12 rules, rechristened for this week’s column as “12 Timeless Tips.”