If a Market Correction Is Coming, This 1 Move Could Define Your Next Decade of Returns
It's more than staying invested in the market.
Overview
There haven't been that many market crashes in history. Although the market goes through peaks and troughs all the time, the major trend is higher, and long-term investors have enjoyed tremendous benefits.
The last major crash, early in the pandemic, was also the shortest. The S&P 500 (SNPINDEX: ^GSPC) lost 34% of its value in less than four weeks, but regained it within four months. Investors who didn't panic sell have been richly rewarded. In fact, since bottoming out in 2020, the S&P 500 has more than tripled.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.