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Look Before You Leap

Oct 13, 2008
Story Timeline:  87 days

By Todd Buchanan In recent weeks investors across the world have experienced unprecedented market fluctuations. All of this has led to incredible movement to the downside leaving most investors fearing for everything from their IRA's to their cash deposits in local banks. Truth is, markets are off nearly 40% in the last year and this leaves people panicked. Yikes! Yikes is right, in the last couple of days there have been times when it feels like the wheels are completely falling off the system. Gather yourselves; the world is not ending. We are in a Bear Market. It is very important to point out that we have been here before and if you are a long term investor you will go through many more. Markets do heal! Going back to October of 2002, the last time it felt like the world around us was collapsing, had we pulled our... [read full story]                    

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