2499: The Weekend Podcast - where's the bottom?
The SharePickers Podcast with Justin Waite - A podcast by Justin Waite
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The best time to make money in the stock market is after a bear market ends (which last around 12 -14 months). The trouble is, many go too early. It’s better to be late and right than early and wrong. 15 years ago today was the high before the Great Financial Crash on the AIM All Share Index If you’d put £10k into the index after it had risen by 20% i.e. the start of a bull market, then that would be worth £19,283 now, even after this bear market drop of 34%. This is 92.8% gain ---- The AIM All Share index is down 34% from it's high on 28th August 2021, to it's low on 5th July 2022. That's 311 days. After the great financial crash AIM All Share rallied by: 20% in 50 days 43% in 100 days 70% in 200 days 84% in 311 days That's how fast it can turn.