In his guest “tutorial,” Nick discusses the timeless lesson about the bounciness of the stock market. He cautions us that declines are normal, in spite of our nature to believe that this time it is different.
Trust that stocks owned by patient investors with financial advisors who help, in hard times, to stay the are more likely to deliver rising incomes and rising account values. Only the fearful pay the price we pay over the short-term by trying to time their exit.
Enjoy this Holiday Season!