Hello friends
Most investors have seen a note on their documents saying something like: "Past performance is not necessarily indicative of future results." This is directly followed by a chart of past prices and how different investments have done historically, which then becomes the foundation for the investment decision. So, the question is, if the past isn't indicative, why is it so prevalent as the basis for decision making? And if it is indicative, why all the disclaimers?
What you do While you are having that?
Have a nice time.
Most investors have seen a note on their documents saying something like: "Past performance is not necessarily indicative of future results." This is directly followed by a chart of past prices and how different investments have done historically, which then becomes the foundation for the investment decision. So, the question is, if the past isn't indicative, why is it so prevalent as the basis for decision making? And if it is indicative, why all the disclaimers?
What you do While you are having that?
Have a nice time.