3 ms·
A good way to have a great annual return in year y+1 is to have a 21% decline during December of year y.
by powowow 7y ago
A good way to have a great annual return in year y+1 is to have a 21% decline during December of year y.
- vanniv 7y ago2016: +11.96% 2017: +21.83% 2018: -04.38% 2019: +32% (All numbers are total return, the 2019 source didn't have fractions of a %) That's not a bad four years' return. (Yes, December 2018 had a big decline -- but the first 11 months of the year were pretty good, and we ended only 4.38% off even with the 21% decline in the last month)
- perl4ever 7y agoWhat is the significance of four years? Personally, I prefer to talk about my three year return.
- 3fe9a03ccd14ca5 7y agoAn election cycle.
- vanniv 7y agoI wasn't trying to make a special significance by looking back exactly four years -- I picked 2016 as a starting point because I felt that it gave enough context to show that the big drop in December 2018 was a little blip in what is actually a huge uptrend.
- perl4ever 7y agoIf that was a little blip, then the uptrend clearly started in 2009.