Page 10 - PMD Financial Advisers_An introduction to investing
P. 10
Time in – not timing
As you can see from the graph below, missing out on just 10 of the best trading days in Australia over the last 10 years virtually erased any gain you made.
Annualised 10 year return to 31 December 2017
-12.02%
-9.81%
-7.27%
-4.29%
-0.67%
3.99%
Missed best 50 days Missed best 40 days Missed best 30 days Missed best 20 days Missed best 10 days
S&P ASX 300 Accumulation Index
-12% -10%
-8% -6% -4%
-2% 0%
2% 4%
Source: Bloomberg (ASX300 accumulation index) annualised 10 year returns to 31 December 2017 Past performance is not a reliable indicator of future performance.
10
That’s why it’s important to remember ‘time in the market is more important than timing’.
