We guess a lot of people do know this, however the reason why we dug up this data across 25 different mutual funds across categories and long periods is when we saw a startling fact that " Only 43% odd of the Mutual Fund Equity Assets stay invested for more than 2 years "
Our analysis shows post 2 years holding period the chances of negative returns from > 20% probability goes down to low single digits which means if you hold your investments for more than 2-3 years, the chances of capital erosion reduce drastically leading to more wealth creation.
At GoalTeller even for legacy investments of our clients we DO NOT suggest unnecessary switches and withdrawals. In investing, patience is key