Investing for the long run is a very compelling mantra, but just how long is the long run? Is it 10 years, 15 years, 20 years, or even longer? Just how long does it take to achieve a long-run return?
A comprehensive study of nearly nine decades of data brings surprising results. It suggests that for the most common classes of investments, holding assets for longer periods of time did not generally improve the likelihood of experiencing a long-run return. But when an asset class underperforms its long-run return, it tends to do so more drastically in holding periods that are shorter.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access