The trouble with market timing

Naturally, the recent increase in market volatility has concerned investors, with some even considering moving out of the market for the safety of cash. These urges are normal investor behaviors and most times we will caution against market timing for investors because that decision is often not rewarded. However, there are certain times when making an adjustment to your portfolio does make financial sense, particularly if there is a major change in your financial plan.

 This week's highlight article from Russell Investments explains the difficulties of market timing and provides alternatives for investors who feel the urge to go to cash. Although critical of market timing as an investment strategy, the article explains the scenarios when making a change to your asset allocation might make sense.

Timber!

Lumber prices have fallen to their lowest level in more than two years, bringing two-by-fours back to what they cost before the pandemic building boom and pointing to a continued slowdown in construction.

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