3 ms·
You do have to worry about missing the boat. Historically, there are a few days in the year for which the daily return is huge, say 4 or 5%. You cannot guess in
by nandemo 18y ago
You do have to worry about missing the boat. Historically, there are a few days in the year for which the daily return is huge, say 4 or 5%. You cannot guess in advance. If you miss a couple of very good days, your return might be much lower than the market's.
- kingkongrevenge 18y agoIn a secular bear the annual return is probably negative. By miss the boat, I mean miss the start of a secular bull. We were talking about buy and hold investors.