From yesterday’s Wall Street Journal:
“Had you been able to sink $100 into U.S. stocks in each of the 199 months from February 1966 through the end of August 1982, your $19,900 in cumulative investments would have left you with $18,520 after inflation, according to Morningstar.”
Hard to ignore.
…history shows that investors who bought an exchange-traded fund that tracks the S&P 500 when it got into a bear market (a drop of 20%) made 22.7% in the next 12 months.
That too is hard to ignore.
With the habits of the Monday morning program, luck hardly matters.