Thursday, March 14, 2024
In Iraq’s book market, books remain on the street at night. Iraqis say,
_the reader doesn’t steal, the thief doesn’t read._
Carrying a line of dichotomy in finance, let us say,
_the one in a hurry doesn’t make money, the one making money is never in a hurry._
In the last 43 years of Sensex, across ~11000 trading days, here is the data proving this simple fact:
Positive and negative returns were observed as follows:
♻️ Daily: 53% positive, 47% negative
♻️Weekly: 56% positive, 44% negative
♻️ Monthly: 61% positive, 39% negative
♻️ Quarterly: 64% positive, 36% negative
♻️ Yearly: 72% positive, 28% negative
♻️ 3 years: 89% positive, 11% negative
♻️ 5 years: 96% positive, 4% negative
♻️ 10 years: 100% positive, 0% negative
#joyofinvesting #blueskypremiere #whatsapp8697729504
courtesy Axis AMC
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