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The choice facing investors: buy the bounce, or bet on a bottom
Few investors have been able to time market bottoms, which become evident only in hindsight. Investors who bought the S&P 500 three months before it bottomed during each of the last nine bear markets saw an average gain of 21% a year later. If the current bounce holds, that could mean the biggest gains are already in the rear-view mirror.
https://finance.yahoo.com/news/choice-facing-investors-buy-bounce-113145421.html?.tsrc=rss
Few investors have been able to time market bottoms, which become evident only in hindsight. Investors who bought the S&P 500 three months before it bottomed during each of the last nine bear markets saw an average gain of 21% a year later. If the current bounce holds, that could mean the biggest gains are already in the rear-view mirror.
https://finance.yahoo.com/news/choice-facing-investors-buy-bounce-113145421.html?.tsrc=rss
