Sentences with phrase «historical upward bias»

You have to balance the benefits of a buy - and - hold approach — such as lower taxes and transaction costs, the historical upward bias of the market and the peace of mind that comes from removing yourself psychologically from active investing — against the possibility of a major drawdown or a permanent loss of capital.

Not exact matches

They seem to be in essence curve fits of some variation on a random walk, tweaked to have an overall upward bias and to manage to match some historical data in some ways (or as some studies suggest, tweaked to match each other even more than being tweaked to match reality), with the same question that any curve fit therefore has as to whether there is any reason to believe it matches the real world process generating the data.