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Over a long period, the total risk could still be substantial as what happened from 2001 to 2010. In this case, a buy-and-hold strategy could
Over a long period, the total risk could still be substantial as what happened from 2001 to 2010. In this case, a "buy-and-hold" strategy could still end up with low return. In contrast, a strategy, like Dollar Averaging, could perform well. The following table provides annual returns from SPY (an ETF that mimics S&P 500 index).
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