zerohedge.com / by Tyler Durden / Feb 16, 2017 6:05 PM
#FakeNews In Investing
I frequently pull behind on a “buy and hold” investing meme since while it works in “theory,” existence has a distant opposite outcome. This is not my opinion, it is a existence of tellurian tension and psychology as it impacts portfolio government over time. The annual Dalbar Investor consult shows a large opening loiter of people not usually in a short-term though in a long-term as well. To wit:
- In 2015, a 20-year annualized SP lapse was 8.19% while a 20-year annualized lapse for a normal equity mutual account financier was usually 4.67%, a opening of 3.52%.
Here is a visible of a loiter between expectations and reality.