In your interest.
Online Personal Finance Magazine
No beating about the bush.
Mutual funds ask you not to time the market. But they themselves try market-timing - by holding on to cash when the market shoots up and buying in when prices fall. An average of 7% of assets managed by equity diversified growth funds is held in cash and cash equivalent in the middle of November; some funds are holding as high as 47% of their assets in cash. Does this kind of market-timing...