With all the threads on stock market declines, I thought this might be of interest. Ben Carlson hosts a website called "A Wealth of Common Sense". A recent entry When Global Stocks Go On Sale
His point, simply made, is that stocks around the world are down more than here in the US, on average 30%, and that usually when stock prices fall that much they are higher 1, 3 and 5 years later. His conclusion
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His point, simply made, is that stocks around the world are down more than here in the US, on average 30%, and that usually when stock prices fall that much they are higher 1, 3 and 5 years later. His conclusion
[FONT="]Using the past as our guide, it’s clear that bear markets tend to be a great time to put money to work for those who can look past short-term volatility. Long-term savers and investors should see this as an opportunity, not a crisis.
Global stocks are on sale.
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