Bear Market Blues? Listen to These Words From Warren Buffett.
By now, you're probably tired of the market doldrums -- and the rallies that then finish in more declines. But before you decide to throw in the investment towel, turn to someone who has been through many down markets and crashes. This person has continued to invest during the tough times, and over time, he's been successful.
I'm talking about Warren Buffett. At the helm of Berkshire Hathaway, he's delivered a 19.8% compounded annual increase over the past 57 years. That's compared to a 9.9% gain for the S&P 500 Index.
It's definitely worth listening to Buffett's wisdom, especially during difficult times. One particular comment may pull you out of the bear market blues and inspire you to keep building a portfolio that could soar over time.
Source Fool.com