3 Colossal Growth Stocks That Can Turn $250,000 Into $1 Million by 2030
Your eyes are not deceiving you. This really has been a challenging year on Wall Street. Since the major U.S. indexes hit their respective highs between November and the first week of January, the iconic Dow Jones Industrial Average, widely followed S&P 500, and growth-focused Nasdaq Composite, shed as much as 19%, 24%, and 34% of their value. You'll note the magnitude of these declines firmly placed the S&P 500 and Nasdaq in a bear market.
Superficially speaking, bear markets aren't much fun. The velocity of downside moves can be unnerving, and big drops can be unpredictable over the short run. But when examined with a wider lens, bear markets are the ideal opportunity to go shopping. Every major decline in the broader market throughout history has eventually been put into the rearview mirror by a bull market. The same should be true for the current decline.
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Source Fool.com
