Stack the Odds in Your Favor (with Rich Bernstein), Dow Jones new high, measuring happiness (with Tony Isola)

Trading the S&P 500 each day gives you only a 54% chance of making money. That’s a 46% chance of losing. Basically a coin flip. Extending this time frame from holding stocks one day to holding them for a full year reduced your chances of losing by 15 percentage points (46% down to 31%). And holding stocks over a ten year period reduces your odds of losing money to only 10% historically. That’s a 90% chance...

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source https://thereformedbroker.com/2021/03/12/stack-the-odds-in-your-favor-with-rich-bernstein-dow-jones-new-high-measuring-happiness-with-tony-isola/