Learning from significant investment statistics of the past
When you hold stocks for the long term, returns will occasionally be negative. But staying invested for the long haul gives the best chance of success
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PAST performance is no guarantee of future results. There is truth in this statement.
And yet, as Mark Twain once said: “History never repeats itself, but it does often rhyme.” As we begin 2024, it is useful to look back at historical statistics and numbers to guide us on how we should invest.
I am not talking about looking back at 2023 alone. In my book, the best lessons are learnt over years, if not decades. So, let us go further back in history to learn from the past.
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