Re:Trading halted as U.S. stocks plummet
by raydev on Monday March 09, 2020 @02:56PM
(#22528490)
Maybe I'm misunderstanding, but there's no blood from the pessimists since they don't really lose what they have. They just miss out.
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There used to be a saying, something like if you missed the best 20 days of the market in the last century, you would just about break even.
Missing out is very, very expensive.
Re:Trading halted as U.S. stocks plummet
by huy-nguyen on Monday March 09, 2020 @04:22PM
(#22529345)
If you miss the best 10 days in the last 20 years of the US market, you lose 2/3 of the gains. If you miss the best 20 days, you are slightly underwater. https://www.fool.com/investing/2019/04/11/what-happens-when-...