Stock market always moves up in the long term but returns move up and down!
The Sensex closed past 55,000 on Aug 13th for the first time, and usual trumpets from mutual fund guys blared, “stay invested! The stock market always moves up in the long term”. In this article, we present rolling SIP returns data for the Sensex (1979 to 2021) and the S&P 500 (1900 to 2021) to…
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