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Question: I have about $93,000 invested in non-retirement mutual funds. I have been considering trying to time the market by selling these funds when I sense a bear market approaching (incurring a $1,700 capital loss) and then buying the same funds at a cheaper price once the bear market has arrived. I have no debt and an emergency fund. Is this a good strategy, or too risky?
Read MoreUS stocked dropped 5.3% on the open with the Dow Industrials shedding 1089 points in 5 minutes. By mid day, the decline was a mere 0.9%.
Read MoreSince our commentary of last week, US and world stocks markets slid another 5% on average, taking most to within a percent or two of the official definition of a bear market (a decline of 20% from the previous peak).
Read MoreAs of last week, the US stock market is officially in correction (defined as a decline off 10% or more from a previous peak.
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