Time In The Markets
Timothy Purdy
Tailored Financial Solutions for 25+ Years | Executive Coach | Keen Golfer ??
The two charts below show quite clearly that not only should investors have patience by being invested over long periods of time, but that trying to time the markets would result in huge opportunity costs.
The?chart on the left clearly shows that the longer you stay invested,?the lower the probability of negative returns.?Meanwhile,?the chart on the right shows how returns are affected by?the?10 best days and 10 worst days.
July was a great example of this. Had you cashed out at the end of June, you would have missed the market comeback in July.
Sticking to our belief that we cannot time the markets and that in the long term, “time?IN?the markets“ is hugely important,?leading to?rising corporate earnings?and?higher stock prices.
For those looking to grow their wealth and receive bespoke financial advice, drop me a note [email protected].
Portfolio Manager at Sea Point Capital | Founding Partner of Longitude Solutions | Founder & CEO of UCapture
2 年Thanks for sharing?Timothy ???