3 Fascinating Market Facts You Don't Know
- Since 1916, the Dow has made new all-time highs less than 5% of all days, but it is up 25,568% over that time. 95% of the time, you are “underwater.”
Takeaway: The less you look, the better off you’ll be. - The Dow has compounded at less than 0.03% a day since 1970. Since then it is up more than 3,000%.
Takeaway: Don’t expect easy home-runs. It is a marathon. - Warren Buffett is arguably the greatest investor of all-time. In the 20 months leading up to the dot-com peak, Berkshire Hathaway lost 45% of its value. The NASDAQ 100 gained 225% over the same time before giving nearly all of it back.
Takeaway: Be patient. Price matters. Reflect on 1 & 2 above.
Source: The Irrelevant Investor
Any opinions are those of Bryan Horner and not necessarily those of Raymond James. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance does not guarantee future results. Future investment performance cannot be guaranteed, investment yields will fluctuate with market conditions. The Dow Jones Industrial Average (DJIA), commonly known as “The Dow” is an index representing 30 stock of companies maintained and reviewed by the editors of the Wall Street Journal.
