Re:The best investment advice you'll never get
by ars on Monday November 29, 2010 @06:11AM
(#1949956)
Why is it that no one ever does the same analysis for the 10 worst days?
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Re:The best investment advice you'll never get
by lotharbot on Monday November 29, 2010 @07:42AM
(#1950097)
Here you go: http://www.freemoneyfinance.com/2010/11/the-truth-about-mark...
Invest in S&P 500 ETF (SPY) starting at inception
Growth of $100,000 from 1/29/1993-8/30/2010
Buy and Hold: $324,330.15
10 Best Days Removed: $156,354.12
10 Worst Days Removed: $692,693.90
10 Best and 10 Worst Days Removed: not listed, but very close to Buy and Hold (the green line in the chart)
Rob Bennett's followup comments are quite good, as well.