With so much happening both domestically and around the globe, we’ve gotten a lot of questions about the market and what it could mean for investors. These are times when emotions always run high and people will often make decisions based on the fear they’re feeling.
When you’re in the middle of difficult periods of market volatility, it certainly seems like this time is different and things may never turn around. But is that true? In this episode, Michael is going to look through returns over the past century to see how the market rebounded after the worst years. While there’s never a guarantee that the future will look exactly like it has in the past, the statistics we’ll share on the show will highlight the importance of investing for the long-term.
Here’s some of what we discuss in this episode:
- How what we’re experiencing today is closer to 1973 than 1993.
- The largest yearly losses and gains took place around the Great Depression.
- What your returns would look like if you missed some of the best single-day returns during a time period.
- What the annualized rate of return was during the first decade of the 2000s.
Michael is a Financial Advisor and Certified Business Exit Planner at WestPac Wealth Partners. His daily mission is to help families and business owners make smart financial decisions so they can live on their own terms for the rest of their lives, regardless of what life events and opportunities come their way.
Call Michael at 702-767-4897 with any of your questions or email email@example.com.