Before last week, U.S. stocks had 7 straight weeks of losses.
The record is 8 weeks.
These aren't small losses either.
The S&P 500 is down ~20% from its peak in January. In other words, we're entering "bear market" territory.
You've been reading the headlines. You're likely concerned. And that's normal.
But here's something the headlines aren't telling you.
Since January 1st, 2020, the S&P 500 has returned +25%. If you were overweight growth, even more.
· A global pandemic
· The fastest 30% drop in stocks EVER (22 days)
· 8%+ inflation
· An overseas war
· Multiple interest rate hikes
...U.S. stocks have returned a positive 25%.
The S&P 500 is having its WORST START TO THE YEAR SINCE 1939.
But if you've been sitting on cash waiting for a "correction"...
...you're still buying at a higher price today than 2 years ago. 🤯
Investing is hard. It's also risky.
And that's precisely why the reward (over the long-term) is so great.
With all of the negative news flying around, this slightly longer-term perspective may give you some peace of mind.
Sally J Boyle
Sally Boyle is committed to being high-net worthy. A certified financial planner, she believes the single most important part of any wealth planning process is her conversation with you.