One user on the Motley Fool forums wrote an interesting analysis on what your chances are when waiting for a market drop. The analysis presents a couple of interesting results, but what really strikes me is the following find:
The chance that the market drops more than 10% within 6 months after an all-time high is 10.1%.
vs.
The chance that the market gains more than 10% within 6 months after an all time high is 23.1%.
This is based on historical S&P 500 data since 1950.
This means that when the S&P 500 reaches an all-time high you've got far better chances for gains by buying more rather than selling or shorting!
Submitted October 24, 2017 at 08:13AM by stenlis http://ift.tt/2yNXk1G
