A friend of mine only invests in bonds because he worries about getting in the market at the peak. He lost a lot of money in 2008 and sold for 40% losses in his portfolio.
Here is an article I forwarded to him:
http://awealthofcommonsense.com/worlds-worst-market-timer/
Here is an article I forwarded to him:
http://awealthofcommonsense.com/worlds-worst-market-timer/