The Early Bird Caught the Returns
With cash balances at multi-year highs, some research suggests that these investors may miss the largest gains in the event of a market rebound. Fidelity Investments provides insight on historical bull markets during economic downturns and the possibilites for the current market.
"On average, the first month of a new bull market has represented only 3% of the length of a bull market; however, more than 12% of a bull market’s total return has occurred during this one month period."
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