FYI: Investing in the stock market is like a long bicycle race. Sometimes, the markets give us tough hills to climb. Other times, they provide huge tailwinds. Over the past ten years, most investors hitched onto giant sails. U.S. stocks have risen in 10 out of the past 11 calendar years.
That’s unusual. And if Morningstar’s annual Mind the Gap study is any indication, investors behaved well during this rising market. They didn’t frantically sell or trade when the market looked scary because, well… it didn’t look scary. U.S. stocks had a record-tying nine-year run. * The S&P 500 rose in 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016 and 2017. This might have given investors courage to stick to the funds they owned.
Regards,
Ted
https://assetbuilder.com/knowledge-center/articles/how-investors-can-win-with-target-retirement-funds