haha
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
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
Notice the dates of this "study". This could not have been more rigged to produce the desired results.
Ha