![]() ![]() Of course, the data also shows the astronomical returns for any investor who correctly called the ten worst days of each decade - to the tune of 3,793,787%. But Bank of America noted simple investing for the long term can be a "recipe for loss avoidance" given that 10-year returns for the S&P 500 have been negative just 6% of the time since 1929. The data comes amid a boom in retail traders trying to find the next Tesla or Gamestop pop, and as fast, data-driven strategies become more prevalent across Wall Street. Sometimes, as happened in 2020, the recovery is much faster. equity and quantitative strategy at Bank of America. "Remaining invested during turbulent times can help recover losses following bear markets - it takes about 1,100 trading days on average to recover losses after a bear market," noted Savita Subramanian, head of U.S. When stocks plunge a natural impulse can be to hit the sell button, but the firm found the market's best days often follow the biggest drops, so panic selling can significantly lower returns for longer-term investors by causing them to miss the best days. If, on the other hand, the investor held steady through the ups and downs, the return would have been 17,715%. Looking at data going back to 1930, the firm found that if an investor missed the S&P 500's 10 best days each decade, the total return would stand at 28%. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower ![]() Best Debt Consolidation Loans for Bad Credit ![]()
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