A bit OT, but an important lesson with regard to attempting to time the market.
Great article from Ben Carlson…spoiler, you’d still be rich!!!
https://awealthofcommonsense.com/2014/02/worlds-worst-market…
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Wow, what an awesome article, Lieb!
This should be required reading for all stock investors: https://awealthofcommonsense.com/2014/02/worlds-worst-market…
Thanks for posting.
Jim
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Becareful; the analysis only covers buying the S&P 500 at the peak. Individual stocks will likely have produced different results.
tecmo
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Becareful; the analysis only covers buying the S&P 500 at the peak. Individual stocks will likely have produced different results.
Good point! Indexes suffer from survivorship bias. If you buy stocks that go broke… different story.
Denny Schlesinger
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