Revisiting 2008 When The Markets Were Dropping
on December 3, 2018
with No Comments
Ten years after our original article we review how sage the advice was.
Ten years after our original article we review how sage the advice was.
Or do they go up indefinitely, albeit interrupted by some significant corrections?
I receive dire predictions with such frequency that were I to act on even a fraction of them I would never be invested in the markets.
For a calm investor, a crash will just mean that the stocks you would have bought anyway are temporarily on sale.
A crash is defined as an index dropping at least 50% from some previous high. Since 1950, there has been exactly 1 stock market crash in the S&P 500 Price Index.
You shouldn’t invest in what you don’t understand.