Blog

Seth Comfort

I ran across two interesting stats; well, two numbers, really, as reported in Bloomberg Businessweek: $25,000 & $13,000.

$25,000…that represents the amount of money you would have on December 2013 had you invested $10,000 in the Dow Jones Industrial Average in December 1998 and stayed fully invested for that 15 year time period.

$13,000…that represents the amount of money you would have on December 2013 had you invested $10,000 in the Dow Jones Industrial Average in December 1998 and missed the Dow Jones’ ten best days.

Ten days! Out of 15 years (or 5,475 days), ten days represents only 0.18%, but those ten days made a huge difference in the results.

What does this tell us? Markets go up and they go down. Historically, they have gone up more than they have gone down. So build a plan that you trust and stick to it.

 

 

 

 


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