To be clear, I didn’t want it to sink and agree that it didn’t have to. That’s beside the point.
I don’t understand how the money would have grown just as fast. I suspect I’m not understanding your point properly.
In this example, the math shows ~$3000 gains from holding if the market never went down. That is less than the potential of ~$10,800 from selling high and rebuying.
I get what you’re saying but that’s not really my question. They both lost/missed out on earning potential because the market crashed. Now the market would have to preform better for them to recoup the loss.
The money grew just as fast no matter when you bought it… it never had to sink…
To be clear, I didn’t want it to sink and agree that it didn’t have to. That’s beside the point.
I don’t understand how the money would have grown just as fast. I suspect I’m not understanding your point properly.
In this example, the math shows ~$3000 gains from holding if the market never went down. That is less than the potential of ~$10,800 from selling high and rebuying.
I get what you’re saying but that’s not really my question. They both lost/missed out on earning potential because the market crashed. Now the market would have to preform better for them to recoup the loss.
Okay. Now I understand. Thanks for taking the time to clear that up for me.