Stocks Are Down -- I'm Not Worried for This Big Reason
It's been a tough year for the stock market so far. After enjoying explosive growth during the latter part of 2020 and 2021, stocks have been on a slide since January. Tensions overseas, inflation fears, and general uncertainty are all contributing to a world of volatility that investors have had to endure for weeks now.
Recently, I did a portfolio checkup and not shockingly, I saw that my balance is down roughly 10%, compared to where it sat at the start of the year. And clearly, that's a disheartening thing to see. But it's also not something that scares me for one big reason.
If I were within a year or two of retirement, I'd admittedly be growing increasingly nervous about my portfolio by the day (though to be fair, I also wouldn't be as heavily invested in stocks as I am right now). But since I'm not planning to retire for decades, recent stock market volatility isn't really shaking me.
Source Fool.com
