History shows that investors lose far more money as a result of their own actions than markets lose for them.
As markets reach new all-time highs, investors who “stayed the course” have benefited from the long running bull market.
Since 2009, when the broad market S&P index hit its low of 667, we have seen a substantial increase in value, with the Dow rising from 6,470 to 15,035, and S&P from 667 to 1,606 and the NASDAQ from 1,265 to 3,422. The market has been up 17 consecutive quarters from the low. This was a rally that no one trusted and few liked, but proved its resilience. Those who pulled to the side lines missed this huge rally.