Smart Investing Is Simple, But That Doesn't Make It Easy

can teach you to thrash the performance of most professional traders. That might sound crazy, even boastful. But it’s true. You can trounce the performance of most hedge funds. You can leave most tactical asset allocation funds gasping in your dust. Yes, I know: These professional traders keep their fingers on the pulse of the economy. They strategically move money around.

When they think the economy is in a rut, they might jump into gold or cash. If they think Donald Trump will beat Biden in the upcoming U.S. election (or vice versa) they might adjust their money. If they think Europe or America’s debt woes are out of control, they might pour money into Asia or natural resources.