The holding periods that began
during rich markets were averaged, as were the holding periods that began during cheap markets.
Not exact matches
The larger assembly of
rich countries such as Germany and big emerging
markets such as China did good work
during the financial crisis.
That's it, just three simple investing rules that helped Graham outperform the
market for 20 years
during his career and have helped Warren Buffett become one of the
richest men in the world.
Even if we observe
rich valuations, there can be some justification for accepting
market risk
during periods when
market internals are uniformly strong, provided that the environment is not also characterized by a syndrome of overbought, overbullish and rising - interest rate conditions.
But even
during post-credit crisis periods, some combinations of
market conditions have warranted at least a moderate speculative exposure to
market fluctuations despite
rich valuations.
«No one gets
rich by saving in the bank,» said Byrke Sestok, a certified financial planner and president of Rightirement Wealth Partners in White Plains, N.Y. «If you have 30 years before retirement and 30 years
during retirement, then you have the time to participate heavily or totally in the stock
market, and ignore the big drops and focus on the fact that stocks have historically proved to be a better - performing asset class over bonds and cash.»
If you have something special to celebrate or are just filthy
rich and are in the
market for a luxury property
during your Bali holiday, you can't really go wrong with The Legian.