All is ready except for the opportunity. Luck is something that people love and hate. For investors, the quality of luck is very important, because the impact of luck can make people who use the same index investment method , but because of different luck, cause great difference in returns. For example, a person who has invested in 0050 in the Taiwan market for one year, if he invested in 2019, can get 32.97% of the return, but the previous year, the investor in 2018 lost 4.89%, obviously they are getting the overall market return , I didn't choose the time to enter and exit, and I didn't take more risk of individual stocks,
but the reward was 108,000 miles away. Luck is really an existence that people love and hate. Luck, or reward, has a decisive impact on the investment journey. Therefore, in this article, I will use the global stock market to illustrate that past performance cannot represent the future. As an indexed investor, you must give up deriving investment decisions to be executed in the future from wedding photo retouching services past performance. Understand that although we accept some future results the moment we start investing, we can still grasp other controllable factors and improve our financial plan! Luck is out of our control For investors who use a wide range of indexation, they will choose the world as their target, such as VT or VTI + VXUS for US stocks,
or VWRA/VWRD for UK stocks . Therefore, we try to understand how luck brings different returns to investors in each era from the changes in returns of different holding times in the global stock market in the past. Below, I use the historical data of MSCI ACWI from 1987 to 2020 to calculate the rise and fall of assets bought and held for a certain period of time. The ACWI index includes mature and emerging markets around the world, covering 85% of the world's investable stock markets. 10 years of investment