Planning Briefs
Be An Elephant And Downplay Talk Of Bulls And Bears
Published Wednesday, June 4, 2014 at: 7:00 AM EDT
A funny thing happened during the recent run-up in the stock market: People began to forget what happened in 2008. That's when the market started a downward spiral that lasted almost two years before bottoming out and beginning the long crawl back.
Now that about five years have gone by, many experts are predicting that the recent bull market will continue, perhaps for several more years. On the other side of the coin, some naysayers are expecting a market correction, maybe one of significant proportions.
No one knows for sure what will happen next. But it helps to look back and remember both the good and the bad.
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