Guest article by Rob Bennett
Have you ever tried your hand at predicting stock returns?
See what Rob Bennett has learned with his research about predicting stock returns.
I have been studying how to predict stock returns effectively for nine years. The purpose of this article is to put forward a brief summary of what I have learned.
1) Short-Term Predictions Never Work.
I do not believe that it is possible to predict where stock returns are going to be in six months or in a year or in two years. I have run into some smart people who disagree. What I can say with certainty is that, even if those people are right, it takes a lot of work to predict stock returns in the short-term; more work than most middle-class investors are willing to put to the task.
2) Long-Term Predictions Always Work.