Cool Market Facts for Hot Summer Days

John Noonan Uncategorized Leave a Comment

#1. Don’t Wait for a Correction A person who invested $100 in the S&P 500 in 1960 and never sold would now have $43,132. An investor who employed a “buy the dips” strategy of buying in 1960, selling at new all-time highs, and waiting for a 10% correction before buying back, would have just $534. #2. How the Mighty Have Fallen In September 2000, General Electric was the world’s largest company, valued at almost $600 billion. Now, 21 years later, its value is $113 billion, about an 80% drop. What we’d always hear back then: “Just put your money in …