Quote:
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.
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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 ..