Someone in BIGS World FB asked this :
"It's often said that time in the market > timing market. Are there concrete studies done on this & what were the returns assumption on the non-invested capital?"
But, received no response yet!
Read?
Is Time in the Market and Timing the Market mutually Exclusive??? (2)
Hmm .. okay!
No concrete studies ! Just data points of two to check on curiosity of favorite quote at personal level.
Time in the market or Timing the market?
Uncle8888's two recently traded rounds for DBS and SGX
DBS
- Time in Market i.e. Buy and Hold for Panadols/Golden Eggs
Hold for 17 years since SARS in 2003. TSR over 17 years is
355%
2 Timing the Market
After Round 3, TSR is
344%.
Buy and hold win at the current moment!
SGX
- Time in Market i.e. Buy and Hold for Panadols/Golden Eggs
If
still holding SGX, TSR over 5 years is
45%...