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| Debating with the enemy Discuss politics, current events, and other hot button issues here. |
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#1 |
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Pro Bowl
Join Date: Mar 2006
Location: Lakewood, CO
Posts: 5,644
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Re: stocks in meltdown mode
Since 1950, the S&P has seen an average annual max drawdown of 14%, and still managed to generate positive returns in 32 of 42 years that saw intra-year drops of 14%.
If your long...it is a blip... |
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#2 |
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Gamebreaker
Join Date: Apr 2006
Posts: 14,590
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Re: stocks in meltdown mode
Yup. If you're a Day trader and try to make it in a day you're screwed but then they should already know that.
__________________
....DISCLAIMER: All of my posts/threads are my expressed typed opinion and the reader is not to assume these comments are absolute fact, law, or truth unless otherwise stated in said post/thread. |
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#3 | |
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Warpath Hall of Fame
Join Date: Mar 2009
Posts: 35,307
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Re: stocks in meltdown mode
Quote:
Of course Jim Cramers, if you are holding in retirement accounts long…it’s not too big of a deal.
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My pronouns: King/Your ruler He Gets Us |
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