You read this morning that the question, in Shakespearean fashion, is whether to be invested or not invested. Your Survival Guy wants you to stay invested, not try to time the market. And while Larry Fink and I have had our disagreements in the past, we do agree that you shouldn’t miss the best days in the market by trying to time its movements. Fink wrote in his most recent annual shareholder letter:
But over time, staying invested has mattered far more than getting the timing right. Over the past two decades, every dollar invested in the S&P 500 grew more than eightfold. Miss just the ten best days, and you would have earned less than half.1 And some of the market’s strongest days came amid the most unsettling headlines.
Action Line: When you want to get invested and stay invested, email me at ejsmith@yoursurvivalguy.com.
