The patient prosper in stock market
Question: My portfolio didn’t do much last year and this year is a bust. I am getting discouraged. I’m not sure how much longer I can hold on. Am I foolish to just keep hanging on?
Answer: The stock market is heartless, isn’t it?
If an investor had put $10,000 in the S&P 500 on the first day of January 2000, she would have a little less than $10,000 as of last week. Eleven long years, heart-stopping volatility and zero percent annual growth on the money!