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What if you had perfect market timing and could buy and sell stocks at exactly the right time? How much money can you make buying stocks at the low of each year then selling at the high? Thatโs what I wanted to find out and the results were amazing!
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mystockmarketbasics.com/spreadsheetdiscount If you invested $1000 ten years ago and could buy stocks in the stock market index, the S&P 500, at the low of the year then sell your stocks at the highest price, you could have made over $6,500 in ten years for a 659% return. That return beat the stock market by more than 400% over the decade.
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mystockmarketbasics.com/LetsTalkMoney Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine
@tigenesis7761
3 years ago
And a $1000 invested in the S&P 500 January 2012 would have earned you a little over a 200% return (~$3000) today. Buy and hold sure beats a savings account.
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