Active Management

Is your Retirement Account following the #1 rule of Investing? You have two options in your retirement account:

1) Passive Asset Allocation:

A strategy to manage market risk by diversifying investments among an array of funds and holding the fund selections for an extended period of time regardless of market conditions.

2) Active Management:

Contrary to a Passive Asset Allocation, the portfolio holdings are adjusted on a continuing basis in response to market and economic conditions.

Which approach provides the best chance to follow the rule of

"Buy Low & Sell High"?