ilmscore | Prediction Details
"let's say you bought an S P 500 Index Fund in the 1980s yes one can argue that it went up 11 000 since then but you would still have needed to face about 13 years combined where your Investment Portfolio was down 20 from its high and eight months when it was down 50 it's only after paying that emotional price and sticking it out through those downfalls that you would have then benefited from the compounded results"
By Nischa | April 2, 2023 | Pending
From video
Life-changing lessons from The Psychology of Money 00:01:04 - 00:01:28
Interpreted Prediction
An S&P 500 Index Fund purchased in the 1980s experienced approximately 13 years of combined drawdowns of 20% or more and 8 months of 50% drawdowns before achieving an 11,000% gain.

Prediction Details

Topic
Investing

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