Read More here: http://financialjoyride.blogspot.com/2009/04/missing-early-bull-market-can-be-costly.html
The bull-market versus bear-market-rally debate has been going on for a while. A few analysts have been advising caution and riding out the current uncertainty, suggesting investments in gold, TIPS or some fixed income /cash variant. For instance, this Yahoo video featuring John Mauldin has him suggesting that new bull markets go on for years and years (suggesting we’ll have plenty of time to be sure). Thus it’s better to be a few months late than a few months early. Here’s what he says: The great bull markets last for decades, so you'll have plenty of time. Those who bought at "the bottom" in 1974 had to suffer through the rest of the 1970s. So stop sitting on the edge of your seat waiting for that perfect moment to buy and just remain cautious for a while. Well, maybe not. Here’s a few facts courtesy Fidelity: While bull markets have often lasted for multi-year periods, a significant portion of the gains have typically accrued during the early months of a bull market rally. Within six months, more than one quarter (27%) of an entire bull market’s performance (on average) was already in the books. The first 12 months of the average bull market has provided more than 40% of an entire bull market’s price appreciation, yielding on average 45% for investors. Those who choose to re-enter after a few months of positive performance —when the climate feels “safe”—may miss a sizable portion of a bull market’s overall gain. Read More here: http://financialjoyride.blogspot.com/2009/04/missing-early-bull-market-can-be-costly.html --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
