Since hitting their respective all-time closing highs within the past seven months, the well-known Dow Jones Industrial Average, benchmark S&P 500, and growth-dependent Nasdaq Composite have lost 19%, 24%, and 34% of their value, as of June 16, 2022. Although big declines in the stock market can be worrisome, historical data shows that buying during these dips is a genius move. The key to success, aside from buying stakes in innovative, high-quality businesses, is allowing time to work its magic. Read More...
Since hitting their respective all-time closing highs within the past seven months, the well-known Dow Jones Industrial Average, benchmark S&P 500, and growth-dependent Nasdaq Composite have lost 19%, 24%, and 34% of their value, as of June 16, 2022. Although big declines in the stock market can be worrisome, historical data shows that buying during these dips is a genius move. The key to success, aside from buying stakes in innovative, high-quality businesses, is allowing time to work its magic.
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