So, you got out at high 12,000s, so about June 2008, and you stayed out until the market had dropped and then rebounded to 9,000, so until about May 2009. So, for ease of figuring, you were out for a year. During that time that you were out, the Dow averaged about 9,000. Did you invest that money that you took out of the market during that time? Did you invest any of your INCOME during that time? Statistically, you didn't, because that's what people do when they leave the market...they either hold the money in some low-interest MMA account or they keep it in cash, thus LOSING value as inflation eats away at it.
Wow. You are so in denial. I did out my money on the sideline for a year or whatever. So when I got back in at 9,000 and got the ride up to 15,000, I had a much larger pile than I would have had I stayed in for the ride down from 12,000 plus to 6,800 and so have a much larger pile today.
This really isn't rocket science. I guessed right and it saved me hundreds of thousands of dollars. I was extremely happy to be on the sideline as the marker collapsed.
Unclear why you cannot accept this.