What 2020’s performance scoreboard tells us about the wisdom of short-term trading

How much should retirees actively trade their portfolios?

The reason I’m asking this age-old question now is that, if trading ever were a good idea, it should show up in 2020’s performance. A trader who got out of equities at the February high and back in at the March low would now be sitting on a year-to-date gain of over 70%. That compares to a gain of “just” 14% for buying and holding.


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