K****D 发帖数: 30533 | 1 ☆─────────────────────────────────────☆
KennyD (|-==-|) 于 (Fri Oct 17 16:30:31 2008) 提到:
buy and hold model will die when 30-year return of S&P 500 drops below
5% APY (not inflation adjusted) and 5-year VIX (volativity index) average
stays above 50.
More traders would beat indexers when the above scenario happens.
Unfortunately, this is not a stable scenario. The VIX would eventually
drop down, either because more people are trading with discipline, or
because bad traders decides not to tra |
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