I'm sure you've all heard the saying, "It's your TIME IN the market, not TIMING the market that will make you money." It has been my experience that the person who is saying this is either: A) A mutual fund ad or sales person (that is trying to collect fees from your assets) or B) A financial sales person (who is trying to collect fees by keeping you invested all the time) or C) An annuity sales person (who is generally clueless and also trying to collect an outrageous commission from your assets).
These individuals usually pedal some kind of non-sense about if you missed the 10 best days over the last blankety-blank years your return would be terrible. The next time you hear this, ask them what your return would have been if you missed just the 10 worst days?
If you want to learn some basic understanding of how the capital markets really work, go to my website and request a copy of, "Don't be the patsy at the stock market table."
Just tryin' to avoid those bad days,
P. Franklin, Jr.
May 17th, 2017
* I, nor Franklin Trend Management, have any positions in shares of INTC at this time.
All opinions and estimates included in this communication constitute the author’s judgment as of the date of this report and are subject to change without notice. This communication is for informational purposes only. It is not intended as an offer or solicitation with respect to the purchase or sale of any security. This information is subject to change at any time, based on market and other conditions. Any forward looking statements are just opinions – not a statement of fact.
Investing may involve risk including loss of principal. Investment returns, particularly over shorter time periods are highly dependent on trends in the various investment markets. Past performance does not guarantee future results.