2023 has been quite the volatile investment market. The S&P 500 was up 6.18% in January, down -2.61% in February, up 3.51% in March and slightly up 1.46% in April. You might be tempted to time the market on when you buy. In the immortal words of Grandmaster Flash and Melle Mel …. “ Don’t Don’t do it !!”
Why not? Looking at the returns if you’d invested $100,000 in the S&P 500 on 12/31/2012 and held it until 12/31/2022, you’d have $326,540. If in that 10 year period, you missed the 10 best days your return would drop to $178,702 or $147,838 less by just missing the best 10 days over a period of 10 years. A drop of 45%. Staying invested makes financial sense. Marketing timing doesn’t work.
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