Equities are for long term holding only and NEVER EVER to be looked at from a yearly perspective YES, that’s the reality of good investors
But from an academic perspective, I do update this sheet every year.
What happens if one invests at the open of 1 Jan of every calendar year in the BSE Sensex?
Result 👇🏼
73% probability that at the close of that calendar year, there is a +ve result
21% probability that it ends in -ve
Since 2002, I.e. 22 calendar years – there were only 3 down calendar year returns, 2 of which were extremely bad – 2008 & 2011
2015 was marginally down (less than 5%)
Since 2016, we didn’t have a negative calendar year 😀 & just 3 years of single digit returns. Rest all the years have ended in double digits 👍🏼