Last week, Jeff Desjardins of Visual Capitalist wrote in a post:
"While it's true that putting your money on the line is never easy the historical record of the stock market is virtually irrefutable: U.S. markets have consistently performed over long holding periods, even going back to the 19th century."
This goes back to Wall Street's suggestion of "buy and holding" investments because over 10- and 20-year holding periods, investors always win.
There are two major problems with this myth.
First, on an inflation-adjusted, total return basis, long-term holding periods regularly produce near-zero or negative