The idea is to stay invested and do not time the market is what Lynch meant when he made this statement on investors trying to wait for one redefining moment that they think can shape their portfolio.
The report also highlights that missing out on a few days can cost you dearly as far as expected return is concerned over a specified period of time in the future.
In an index, Sharekhan research shows that an investment value of Rs 10 lakh could have grown to more than Rs 60 lakh over the span of 10 years.
Sharekhan, through an index, highlights how just missing out on 50 ‘good’ days could have pulled down your portfolio return by 18 per cent in a period of 10 years.
Having said all that, the research emphasises that it is important that you make the right selection of stocks when it comes to staying invested for longer period of time.
For an example, a fixed deposit of Rs 10 lakh made for the same duration at 6.5 per cent interest rate would fetch Rs 19,05,959.