Is Your Portfolio Built to Last?
The great investor Warren Buffett certainly knows the value of holding stocks for the long term. Consider the following data from Ibbotson Associates, Inc. The chart below shows the wisdom in his words “My favoritest time frame for holding a stock is forever.” If you had invested for any one of the fifteen-year periods between 1926 and 2008, you were certain to make money.
*Source:Returns 2.0 @2017. http://awealthofcommonsense.com/2015/11/playing-the-probabilities/ Based on the S&P 500 Index, an unmanaged index of common stocks used to measure stock market performance. It is not possible to invest directly in an index. Past performance is no guarantee of future results.