Missing The 10 Best Days by Richard Ahrens
ARTICLE SYNOPSIS ...Missing The 10 Best Days by Richard Ahrens
Would missing the 10 best days in the last 20 years have a
negative impact on your portfolio?
One of the standard arguments against attempting to
time the market says that if you missed the 10 best
days in the last 20 years, the long-term value of your
portfolio would be significantly less than if you had
just stayed the course. Using price data from the Standard & Poor's 500, I decided to find out if this argument
was really true. Rather than limiting the search to just the 10
biggest one-day gains in the last 10 or 20 years, I tracked down
the 20 ...