The Long Road Ahead
Investing in stocks has never been for the faint of heart, but lately the road has been especially rocky. The recent downhill ride has left many investors wondering whether they should swear off equities altogether. However, investors who react emotionally to current events could find themselves missing out on potential long-term opportunities. Consider the historical record. In the past, the markets have usually rewarded those who invested for the long term. Using a buy-and-hold strategy is one way to help manage risk and possibly overcome the effects of short-term volatility. In the 50 one-year holding periods since 1958, the S&P…