My son sent me this hopeful chart today. It shows how the stock market has fared following a 25% decline in the S&P 500 over the last 70 years. Of course, as they say, past performance is no predictor of future performance. Still, it is nice to see that big market drops have historically turned back to growth rather quickly. I had hoped that our … Continue reading When Will It Turn?
They say, “a stitch in time, saves nine,” but sometimes waiting to do something pays off even bigger. In investing, it’s a bit of luck. My broker had been calling over the last 8 weeks to ask what we wanted to do with a big chunk of cash that came our way through a real estate sale. I’m lucky I didn’t decide what to do … Continue reading Timing Your Stitches In The Stock Market
The stock market has been on an amazing 8.5 year upward trend that is called the second-longest Bull Market run in Wall Street history. Starting after the precipitous drop in 2008 and bottoming out in March of 2009, the current Bull Market run has posted average annual returns of +13% and total growth of almost 200%. The tech-heavy NASDAQ has done even better – up … Continue reading Second Longest Bull Market In History