April 6, 2016 Dear Investor: The incredible perils of trying to time the market are evident from RBS’s January 11, 2016 admonition to “sell everything! If you read the RBS note, they actually recommended hanging on to some investment grade bonds. Putting aside that irrelevant nuance, on the day of the RBS call, the Dow was at 16,346, almost at the year’s lows. Just three months later it stands at 17,603, nearly 8% above the point where they...