If you invested in 1928, it took a lot longer than 13 years to breakeven. Also, breaking even in nominal terms could still result in significant loss of real wealth due to inflation. For people in the accumulation phase, best to focus on dollar cost averaging. With that strategy, you want the market lower to buy more shares at lower prices. Even when you are no longer saving, a balanced strategy with regular re-balancing should smooth drawdowns and speed recovery times.
@MatthewOBrien314 Жыл бұрын
yeah, that's a good point about way back in 1928.
@Llakar2 ай бұрын
Would be interesting to see if you invested X amount of money in a year in S&P or if you spent that money in gold (or some stable item that stays at about the same value over time).