Re:Investing for Geeks
by lisper on Friday September 16, 2016 @03:13PM
(#12516521)
> If you are an investor you need to be in the market, period.
This. Another way to think of it: if you are out of the market when it goes up by X% that is functionally equivalent to an X% loss, i.e. you have X% less money than you otherwise would have had.
(Well, OK, technically it's equivalent to a loss of X/(1+X) but that's pretty close to X for X<<100%.)
This. Another way to think of it: if you are out of the market when it goes up by X% that is functionally equivalent to an X% loss, i.e. you have X% less money than you otherwise would have had.
(Well, OK, technically it's equivalent to a loss of X/(1+X) but that's pretty close to X for X<<100%.)