Stocks for the past 10 years have moved up and down and have reached no where after much heartache. Was it worth to take the risk? Was the stress worth it? What should we do next? Will the stocks embark on the next bull market if we sit on the sidelines? What is the risk? Or is it going to be another decade of lackluster results?
The phrase originally applied to Japan’s stock market. Yet in terms of depth and scale, it more accurately describes today’s markets and economy in the United States.
This became clearer than ever September 21, when CNNMoney ran an article titled “A Rough 10 Years for the Middle Class.” Given the data it reported, somebody’s rose-colored glasses must have substituted the word “rough” for the more honest “dreadful.”
Just when investors thought the stock market’s 50% drop in 2007-2009 was behind them, wham, the Dow dropped 2000 points within a short two-week period this summer. And since then, it’s a daily guessing game as to which way the market will go and how large the swings will be.
What does all this mean for you and your investments?
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