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Abstract

w confirms that <b>people who trade back and forth generally underperform the long-term holders.</b> So for the average investor, the famous quote seems to apply:</p><p id="c2c6" type="7">Time in the Market beats timing the market</p><p id="b815">Fortunately, you don’t have to die to get better performances. It’s enough to behave as if you were. The following tips can help you do that:</p><ul><li>Think long term</li><li>Invest only in assets you fundamentally believe in</li><li>Hold strong (Diamond Hands)</li><li>Do not check the prices too often</li></ul><h2 id="0c79">Thanks for reading!</h2><p id="dcef"><b>Wait a second.</b> Y<i>ou should get my articles in your inbox. <a href="https://medium.com/subscribe/@whitep"><b>Subscribe here.</b> </a>Maybe you also want to start writing on Medium yourself and make money. I made a whopping $3400 in my second full month! You only need a membership for$ 5 a month. If you sign up<a href="https://medium.com/@whitep/membership"> <b>with my link</b></a>, you support me with a part of your fee without additional costs.</i></p><p id="14c0">I think you will also like these stories:</p><div id="4fa8" class="link-block"> <a href="https://readmedium.com/does-your-education-level-matter-on-tinder-9f4d22bd9f1e"> <div> <div> <h2>Does Your Education Level Matter On Tinder?</h2> <div><h3>Are you more swipe-worthy because of a degree?</h3></div> <div><p

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The Dead Can Teach You An Absurd Lesson About Investing

You can not make this shit up…

What is the best investment strategy?

Buy and hold like Warren Buffet or try to time the market? Buy dips and sell after strong rises?

One thing is certain: you can be successful with both strategies. However, it is easier and safer to buy and hold. To become a profitable day or swing trader you need a lot of experience and probably some losses at the beginning of your career.

For most people who just want to make their money work for them and don’t want to deal with charts and technical analysis all day, buy and hold is the way to go.

The Absurd Finding

Interesting data from Fidelity shows this: Dead people actually make the best investors.

Kind of funny, I think.

Why is that?

Because they can not overtrade. They simply hold.

Being dead keeps them from the most common mistake.

A Fidelity internal performance review confirms that people who trade back and forth generally underperform the long-term holders. So for the average investor, the famous quote seems to apply:

Time in the Market beats timing the market

Fortunately, you don’t have to die to get better performances. It’s enough to behave as if you were. The following tips can help you do that:

Think long term
Invest only in assets you fundamentally believe in
Hold strong (Diamond Hands)
Do not check the prices too often

Thanks for reading!

Wait a second. You should get my articles in your inbox. Subscribe here. Maybe you also want to start writing on Medium yourself and make money. I made a whopping $3400 in my second full month! You only need a membership for $5 a month. If you sign up with my link, you support me with a part of your fee without additional costs.