Long-term holding is more advantageous than attempting to time the market
- 1The S&P 500 experienced a decline of approximately 9% during the first month after the war began.
- 2It recorded a rise of more than 12% since the end of February.
- 3Over the past 20 years, there were 7 days that occurred within 15 days of the 10 worst decline days among the 10 best gain days of the S&P 500.
So what's the key point?
Stock prices fell significantly after the war broke out and then rose again. It is more advantageous to hold stocks for a long time rather than buying and selling whenever the market changes.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.