Careful when measuring performance over arbitrary periods
Good counsel. Humbly suggest that the appropriate time horizon for an equity investor should be 5+ years. If the investor needs cash before then, better to stay in money market and/or short-term bonds.
I've always said 3 years at a minimum, 5 is safer. But it also depends on the risk and price volatility of what you own.
Good counsel. Humbly suggest that the appropriate time horizon for an equity investor should be 5+ years. If the investor needs cash before then, better to stay in money market and/or short-term bonds.
I've always said 3 years at a minimum, 5 is safer. But it also depends on the risk and price volatility of what you own.