Stocks are like tennis: Even having just a marginal winning percentage can lead to long-term success.
Over Roger Federer’s 25-year career, he won 103 singles titles.
And he did that by winning only a little more than half the points he played (54%).
Over time, that slight advantage paid off.
He won 76% of sets and 82% of matches.
There’s a similar pattern in stocks.
Since 1990, the S&P 500 Index has closed higher on slightly more than half its trading days (54%).
But those daily wins paid off over time.
72% quarters up
82% years up
You don’t have to win every point to be a tennis champion.
And you don’t have to win in the market every day to have a successful investment experience.
Be ready for daily ups and downs.
And focus on the long term.
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This post originally appeared here and is republished here with permission.