I remember I went to a super seminars run once and the fin adviser said that one of her clients had rung her two days after the market had crashed and she had left a board meeting and rejigged his portfolio etc... I thought that was wonderful...my wife said don't be stupid , ... the client had to ring her to alert her , she should have had her finger on the pulse , she reworked his portfolio at a cost to him and he had lost more money in the meantime , she went back to cash on the market bottom and lost the ensuing growth etc and so forth ....
As you say it is so simple , it took me a while I had to extricate the guff like a dog shaking his coat from fleas but I finally got it ,I learnt by my mistakes , as they say no one handles your money better than you.
