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If one happened to have uncanny timing and perfect foresight, an investment in the stock market exactly a year ago would have produced a staggering 61% capital gain. Last March marked the low point of the bear market and CBS assigned Anthony Mason to find out how many hit that sweet spot this time last year. "Millions of investors have missed it," he concluded. "It is estimated that more than $3tr of investors' cash is just sitting it out on the sidelines." Then Mason pointed out that if investors had picked the sour point of October 2007 to enter the market the result would have been the opposite, a capital loss of 25%.
Andrew Tyndall 3/11/10 3:24:41 pm

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