History Shows Stocks A Bumpy Moon Shot In The Long Run
Posted on February 20, 2013 at 08:33 AM EST
There are a plethora of examples that illustrate the wisdom of staying in stocks for the long-term with a "buy and hold" approach. IBM is up 3,636% if you bought it on the Monday after men landed on the moon. Equity holdings have proven over the long-term to come out on top, but as many stock investors painfully remember from the bear markets of 2000 and 2008 there is a lot of carnage and destruction along the way.
There are a plethora of examples that illustrate the wisdom of staying in stocks for the long-term with a "buy and hold" approach. IBM is up 3,636% if you bought it on the Monday after men landed on the moon. Equity holdings have proven over the long-term to come out on top, but as many stock investors painfully remember from the bear markets of 2000 and 2008 there is a lot of carnage and destruction along the way.
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