Timing the market

The word 'risk' to many people generates a multitude of negative images, from reckless driving to watching your horse take a tumble at Bechers Brook. In an investment context, risk is often seen as the possibility of losing your savings. The risk of loss is not the only kind of risk. There is the risk of investing too conservatively and not generating a sufficiently high enough return to turn retirement plans into a reality. In determining how much risk to take in retirement planning, the individual needs to be clear about their personal objectives. This may be to accumulate wealth pr...