 Quote:
Originally Posted by Gotadimple
Malkiel cites a study done by Charles Ellis that shows that between 1982 and 2000, if an investor missed the best 30 days of the market the return on an investment in the S&P500 would be 11.2% rather than 18%. Meaning that you can't tell when the best days of the market will be so trying to time the bottom often doesn't get the desired result.
--Rita
|
finally someone posted this for me
Bear Mountain Bull » Up the Down Staircase
most of the market's best days are in a bear market so if you miss them, it shouldn't hurt your returns that much, if at all
|