Worried About a Market Sell-Off? 3 Valuable Pieces of Advice.
The S 500 and Nasdaq Composite Index got off to a fantastic start this year. Through mid-July, both widely followed indexes were up around 20%. In the past month or so, they have taken a bit of a breather, although both have bounced back slightly.
Dips like this can certainly be concerning for even the most seasoned investor. If you're worried about another market sell-off, here are three valuable pieces of advice. They should help reset your perspective and get you back on track to achieving your long-term investing goals.
The stock market is one of the best arenas the average person has for building lasting wealth. Historically, the S 500 has produced an average annual return of 10%, which means you would double your money about every seven years. That's a wonderful outcome.
Source Fool.com
