2023-10-02 12:12:21
A classic point of contention in stock investing has always been whether it is possible and sensible to try to find the right time to buy and sell. Andreas Meyer’s answer is clear: his fund boutique, of which he is also the managing director, is called “Any-time Invest” – the right time is always, anytime. “Our goal is to make a product available that pushes timing aspects into the background,” says Meyer. For him it is about more than just the classic contrast between “buy and go to sleep” and “buy cheap, sell expensive”. Because even long-term savings plans don’t solve everything – on the contrary.
Anyone who had invested regularly in the S&P 500 index for thirty years starting in 1979 would only have achieved around a third of the result than in the thirty years starting in 1967 – despite the same savings and although the overall performance of the stock market was very similar is, argues Meyer. “Strong years at the beginning and weak years at the end lead to significantly worse results than the other way around,” states the 38-year-old. “It’s not just the performance that matters, but also the path through which it is achieved.”
#losses #bring #profit