I hate for anybody to think Morgan Housel is the only guy I read, but he's certainly got a knack for drawing commentary. This article is no exception.
"Timing" is a fuzzy concept and the comments show just how fuzzy. Personally, I "time" the market by looking at some technicals and putting a limit order in. Sometimes I never end up owning the stock, sometimes I do...sometimes sooner, sometimes later. Lots of fish, catch some, miss some. Some grow up, some get eaten by others, some just die. There's no way to know which will be which. Who cares? But what I really want to say is this:
Does anybody think that John Hussman has all of his own money in his own HSGFX? Surely not! Time the market by adjusting your sails...put some money in HSGFX if you are nervous, leave it as long as feels right. It won't kill you or your well diversified portfolio, no matter how wrong (or right) you turn out to be.
I have no idea if a newbie investor ever reads my blog, but every bit of information should be taken for what it is...one little bit. We need lots of bits to make a big picture. That's a newbie lesson.
Another newbie lesson; Morgan Housel is an excellent analyst, but open to criticism, as is John Hussman. Both have important things to say and neither will tell you what to do with your money.