What is the COST of never SELLING?
What if you do one $10k investment?
Compounding the Market’s 15% /year over 21 years multiplies an initial $10,000 investment…
to… $188,000* — That’s good!
And that’s irrespective of market’s SWINGS:
AVERAGE MARKET SWING EFFECT
SP500:
Average ANNUAL swings -7 to -9%, TWICE
Call it ~8%
NASDAQ:
Average ANNUAL swings -9 to -11%, TWICE
Call it ~10%
Average affect is the prospect of an additional 9% TWO times per year.
But again…
What’s the COST of never SELLING?
It’s the hidden cost, or lost potential for never repositioning capital to capture an additional ~ 9% 2x/year for 21 years.
Ahh…Huh…
It means accepting the 15% /yr
And retiring with $188,000
Well…that looks GOOD.
And rejecting the prospect of 36% /yr
Which would translate to:
$6.37 Million!
Ohh…..That’s better.
This $188,000 sounds low….Yet that is 2x median US Retiree savings of $96,000 for ages 55-65. Largely because of the $6M common mistake mentioned above.
Point is…
NEVER selling is an expensive HABIT.
Learn about SWINGS and How-To
How-to automate the FIX to keep $6M
Selling into Buyer WEAKNESS
Buying into Seller WEAKNESS
And Price-Indicator Disagreement
Charlie Whooph has been swing trading since 1999.
He averages over 120% TWR.
— Charlie Whooph