Originally Posted by dallas27
So many people don't understand that time passing in the market without "average" gains happening is in fact a real loss relative to the "mean". I'm glad you pointed that out.
Of all bad things that can happen that is actually one of the toughest ones to handle.
It stocks go up to a high valuation and then level off for a few years .. no potential for rebalancing .. poor returns for a few years .. no opportunity to get in for cheap ..