Staying invested, rather than trying to time the market to avoid the dips, can make the difference between big gains and significant losses, analysis of the FTSE 100 has shown.
This article first appeared on Your Money. According to investment platform, Sippdeal, investors stand to make better returns if they leave their investments to weather the volatility in the markets rather than trying to 'time' them. The report looked at returns of the FTSE 100 over the past decade to end of March 2013, and revealed that an investor who tried to time the market and got it wrong could be left with a far less profitable outcome. Investors who missed out on the 10 best days of the past decade would see their total return fall from 120.7% to 35.3%. Missing the 20 best ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes