Calm Money Coach
Buying Last Year's Best Stock Every Year: Does It Work?
7:08
Someone sent me a reel asking if this is a real strategy: every January, buy last year's best stock in the S&P 500, hold it a year, then swap. Shout out to Ricky, @the.steady.investor.
I ran it back to 1998. Your $10,000 hit about $48,500 by the end of 1999, then fell to about $1,400 by 2011. You trailed the S&P 500 at the end of every year from 2001 to 2023. Then NVIDIA and Palantir more than…