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Hi! I'm Eric, an Investment Adviser Representative in the Twin Cities area. Attend an upcoming online presentation and discover how to take your investment & retirement accounts to the next level with professional management.
Most people haven't been given the whole story.
Let me explain... when it comes to investing, do you think it's more important to be in the right place at the right time? Or, is it more important to avoid being in the wrong place at the wrong time?
Well, if you had been able to invest $200 in the market (the S&P500 for example) back in 1928 - and you left that money alone until 2009, your account would have grown to $12,668.(1)
However, if you had invested the same $200 from 1928-2009 but you missed out on the 30 best months during these 81 years, you'd only end up with $468.
That's a big difference. Being in the right place at the right time was important.
However, it's nothing compared to how much you'd have if you had missed the 30 worst months - if you had avoided being in the wrong place at the wrong time... watch this short video for the rest of the story (make sure your socks are on tight first).
1- Source: www.econ.yale.edu/~shiller/data.htm