Wall Street has a new perfect record for inflicting pain on investors with their annual industry sector picks and pans. A strategy that attempts to rotate among industries just doesn’t work. The pros can’t do it and neither will you or your adviser. A better strategy is to hold a strategic allocation to your favorite sectors for the long-term, or better yet, buy all the sectors using a low-cost total market index fund.
Want Lower Returns? Try Timing Industry Sectors
January 14, 2013 By Rick Ferri
Filed Under: Investments, Strategy Tagged With: Barron's Outlook, Fritz Meyer, low-cost ETFs, low-cost index funds, sector rotation, timing industry sectors
