Staying invested through market swings delivered far higher returns: Report

Imagine you have a piggy bank that you want to grow bigger over time.

A common way to grow money is to buy small pieces of many companies, which is called investing.

A company called Abakkus Mutual Fund studied people who invest in India.

The report found that people who kept their money invested every day grew it faster than people who took money out.

Sometimes the stock market has wonderful days, and missing even a few of them hurts a lot.

Missing just the five best days meant earning 11.31 per cent each year instead of 13.67 per cent.

If people missed 50 of the best days, their money barely grew at all — only about 1 per cent a year.

The report says trying to guess the perfect time to buy and sell usually ends badly.

The best plan, according to the report, is to stay calm and keep your money invested for many years.