Yet, if the pandemic has taught investors anything, it's that they can't predict what's going to happen to their portfolio next. Their best bet is to hope that what's been true over the past century hasn't changed: Over the long-term, stocks become more valuable.
A $10,000 investment in 1990, split between stocks and bonds , would have been worth more than $128,500 last week, according to data provided by Morningstar Direct."Those with high balances have remained calm and have stayed focused on their long-term goals rather than flee from the markets," saidLet's say you had a $1 million portfolio, again split between U.S. stocks and bonds , on Jan.
By Monday, March 23, your savings would be down to about $780,000. Ouch. You might have been tempted to get out. Yet, if you'd moved to cash on that day, you'd have missed the massive gains the market saw the very next day, on Tuesday, March 24, when the Dow Jones Industrial Average had
because it's not a gigantic casino oh wait, it is a big casino🤣