Dalbar Study

The Dalbar Study measures the results of the market annually with the average results that individual investors have obtained.

  • The S & P 500 index annually from 1998 through 2017 returned 7.20%.
  • However, the average stock investor only made 5.29%.
  • Why? Because investors lack knowledge and self-control.
In the chart below hypothetical Dalbar Study
Results for 20 years 1998-2017 for a $100,000 investment are shown.