GREY:XEBEQ - Post by User
Comment by
tony08on Jul 05, 2022 2:47pm
86 Views
Post# 34802796
RE:RE:RE:RE:RE:RE:RE:Premarket
RE:RE:RE:RE:RE:RE:RE:Premarket whognu1 wrote: In fact, over a period of about twenty years, the TSX can give an annual return of 8%. However, the investor who would have missed the 10 best days on the stock market would have obtained only 5.5%. Worse, whoever missed the 20 best days would only have obtained 3% over the same period.
the above is nonsense put forward by the 'industry', and has been proven specious
80+% of the 'best days' are in bear market rallies
better to lighten up some in manias (like say when so many companies are trading at 10, 20, 50, 100x sales and this is considered ok) and buy back in dispair
it happens regularly and it is easier than you think
look at the trend, it is not that difficult
yet, the time for selling is likely over and now i await the 'rebuy' part of the program................dispair is coming, and bargains aplenty will be presented
fund flows are still positive, meaning people are still buying the dip
wait till peeps get thier june 30th stmts............
if you can't help yourself; then buy only the best
not a recco
good luck to all
I am curious Whognu You claim that it is proven that it is nonsense......do you have names, serious articles which confirm what you claim?? Is it just your feeling ?
Where did you get this info?
Me what I wrote in my post, I heard it on finance shows and read it in finance articles.....I can probably find the name of the analyst who wrote the article.