Buy and Fold

So, how's that buy-and-hold strategy working? Let's say you bought the NASDAQ when it stood at 5048.62, almost exactly ten years ago. Well, today it's at 2,340.68, down 54% -- or, inflation-adjusted, down an even worse 63%. So how long is the buy-and-hold strategy going to take to get back to even? Well, if you can earn a higher-than-average 6% per-year after inflation, it will take you around 17 years. That's 27 years under water.

Comments

Popular posts from this blog

Central Planning Works!

Fair's fair!

More college diversity and tolerance