Nov 19 2008

Staying the Course Still Works

Published by Roland Manarin at 12:47 pm under Speculation, Stock Market

If you had missed the best 90 days of the S&P 500 over a 15 year period (1993-2007) your average annual return would have been a negative 7%.  If instead you bought the market and held onto it, that same return would have been greater than 10%. 

 

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One Response to “Staying the Course Still Works”

  1. gary leeon 02 Dec 2008 at 10:52 am

    I noted the Saudies are buying up gold now by the truck loads..
    Must know something ? The big money dealers are messing up the markets trying to make a killing–i.e. last week get the markets up over 6 days and Monday selling fast to get those greedy profits..
    Enjoy the blogs and reading your new book now.
    .
    Hope you all had nice Thanksgiving..and HAPPY HOLIDAYS!!
    .
    Gary

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