Bikerdude
Thinks s/he gets paid by the post
- Joined
- Jul 4, 2006
- Messages
- 1,901
Sounds familiar.
“Which leads to the critics’ third complaint: A long holding period actually increases the odds of encountering a severe bear market. And while you might have believed you were equipped to endure a 50 percent market decline, watching five years worth of earnings and contributions vanish can make you reevaluate just how brave you really are. Investors who find, too late, that they assumed more risk than they bargained for are often the ones who flee the market entirely, further endangering their long-term wealth.”
Where 'Stocks for the Long Run' Went Wrong - CBS MoneyWatch.com
“Which leads to the critics’ third complaint: A long holding period actually increases the odds of encountering a severe bear market. And while you might have believed you were equipped to endure a 50 percent market decline, watching five years worth of earnings and contributions vanish can make you reevaluate just how brave you really are. Investors who find, too late, that they assumed more risk than they bargained for are often the ones who flee the market entirely, further endangering their long-term wealth.”
Where 'Stocks for the Long Run' Went Wrong - CBS MoneyWatch.com