3 Stocks That Can Generate Life-Changing Wealth in 20 Years
It's been a bumpy ride for Wall Street in 2022. Since the widely followed Dow Jones Industrial Average and broad-based S&P 500 hit their respective all-time closing highs in early January, both have fallen into correction territory (i.e., a decline of at least 10%). As for the technology-driven Nasdaq Composite, it's lost more than a quarter of its value in under seven months, which places it in a bear market.
While there's no question that big declines in the stock market can be unnerving, history has repeatedly shown that these dips are the ideal time for long-term investors to pounce. Not only are corrections often short-lived, but every notable drop throughout history has eventually been erased by a bull market rally.
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Source Fool.com