lukestein’s avatarlukestein’s Twitter Archive—№ 16,258

    1. Your buy-and hold S&P 500 ended 2023 up no matter when you invested.* This was a year with no ±3% daily swings, and only a single ±2% (in January). The VIX (volatility index) is low. No one knows what’s coming, but lfg.
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  1. …in reply to @lukestein
    A bit more on 2023 daily performance of the S&P.*
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    1. …in reply to @lukestein
      *Poetic license: you might in fact be down as of 12/29 as much as 28bp vs. the prior two trading days. Assumes daily dividend reinvestment, ignores taxes, ignores intraday returns.
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