Hi Guys,
Time in the equity markets is a great healer. Staying the course corrects for many untimely individual investment mistakes. The long term data supports that assertion. Here is a Link that nicely summaries historical returns for various timeframes:
https://www.visualcapitalist.com/stock-market-reHistory may not exactly repeat itself, but it is a strong starting point when trying to forecast the future. Staying invested for the long haul is not a bad strategy; it’s a winner in most instances. Always remember that “Success is no accident. ...”. But it does require some courage and even more discipline to implement.
Those characteristics are more easily practiced when,daily market performance is completely ignored. In the marketplace, an investor who knows more than you is always prepared to take advantage of your shortcomings.
Best Regards
Comments
went up >15s% since the last market semi-correction/small soft landing 'crash' after new yr