I
often hear people say they think stocks are going to fall so they will get out of the market for a while. We all think we can time the market. At what cost though? IShares reports that being out of the market
for just the 5 best days for stocks in the last 20 years (through 12/31/15)
would have cost you over $17.000 in gains on just $10,000 invested. You would have missed over 40% of the total
gains you should have earned. Be more Warren
Buffet than Gordon Gekko and stop believing you have the magic power to zip in
and zip out at just the right times.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com
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