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Originally Posted by 1952boyntoncollector
nah it is that simple, you are 100 percent going to outperform a down market....on an up market it will have to go super super up for you to not outperform but you will still have a large profit.
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No. You are missing out on the large profits which make up most of the returns with which the market rewards investors:
Timing the Market Is Impossible - Hartford Funds
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Originally Posted by Hartford Funds
If you missed the market’s 10 best days over the past 30 years, your returns would have been cut in half. And missing the best 30 days would have reduced your returns by an astonishing 83%.
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There are also very serious problems associated with investing in an index. These actually force you to buy high, and sell low.