About long-term investing

It is true that over the long term stocks have risen an average of 6.75% (see chart). The graph shows, however, that there are long stretches of time such as 1930-1950, 1969-1982, and 1998-2010 when the market shows no appreciation (click on the chart to enlarge it).

The point is that the concept of “long-term investing” is deeply flawed. It makes the investors’ life easier. But if you happen to save for your retirement during the long stretches of time when stocks go nowhere, the results could be painful.

This is the main reason The Peter Dag Portfolio uses the concept of business and financial cycles, an short-term and long-term technical and fundamental indicators as a guide to measuring risk.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 and 2010 by Timer Digest

To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.

Disclaimer. No material here constitutes "investment advice" nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.