Actual Facts

Michael published an important reminder last night, some actual facts that are undeniable and must be reckoned with by all market participants – buy and hold is simple but not easy. There are periods of time, like the one depicted in the chart below, during which your patience will earn you nothing: Below is the Dow Jones Industrial Average from 1966-1981. Over this 16 year period, the Dow fell 9% (gained 10% inclu...

source http://thereformedbroker.com/2018/03/27/actual-facts/