Since this decade began, investors have had their resolve repeatedly tested. Wall Street has vacillated wildly following the 2020 COVID-19 crash, the stimulus-fueled period of investment euphoria in 2021, and the 2022 bear market, with the growth-focused Nasdaq Composite (NASDAQINDEX: ^IXIC) seeing the broadest swings. Even with the Nasdaq higher by 30% on a year-to-date basis through the closing bell on Oct. 10, it's still nearly 16% below its record-closing high, set in mid-November 2021.

Whereas some folks might view a sizable decline in the Nasdaq Composite as a failure, long-term investors will see it as an opportunity to buy into high-growth, industry-leading companies at a marked discount. Keep in mind that every major dip throughout history in the Nasdaq Composite, save for the 2022 bear market, to this point, has eventually been cleared away by a bull market rally.

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Source Fool.com