2024 2nd Quarter Newsletter
A recent Vanguard study highlighted the difficulty in market timing: If an investor invested $100,000 from 1996 to 2024 into a balanced 60/40 portfolio and left it alone, it would be worth $865,000. If they tried to time the market and missed out on just the best 5 days, they would be left with $659,000. Similarly, they would have $540,000 if they missed just the best 10 days.