Stock Market Plunge: 3 Discounted Growth Stocks to Buy Now and Hold Forever
Buckle up and hold on tight, because it's been a topsy-turvy year on Wall Street. The widely followed Dow Jones Industrial Average and S&P 500 are both firmly in correction territory with double-digit percentage declines, while the growth stock-dependent Nasdaq Composite has plunged as much as 31% from its November peak.
Although looking at the daily loss column in your portfolio during stock market plunges can be unnerving, history is quite clear that buying during these downturns makes sense. The vast majority of double-digit percentage declines in the market don't last long. Further, every notable drop has eventually been wiped away by a bull market rally.
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Source Fool.com
