Still
worrying about stocks falling? If so, you are probably trading rather than
investing. Stocks often fall hard. But the patient have been rewarded. Bear markets averaged 33% drops since 1946
and it took over 3 years on average from the start of the fall until you
recovered your losses. (Source: Sam Stovall of S&P Global) But what's 3
years? If you're not investing in stocks
for your needs many years out, you're approaching it wrong. Kiplingers (4/16) says money invested in
stocks in 1965 has increased by 100 times!
But you would have had to patiently wait out 8 bear markets.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com
No comments:
Post a Comment