Though basically flat for the year, most major U.S. stock markets finished the week in positive terrority… The first time in 2016! This may have folks wondering what the first 11 weeks of the year was all about.
For long-term investors — folks that get it — it was just AFGO, another effing(!) growth opportunity. While these periods in the stock market can be difficult to stomach, it’s really just another day at the office. Another opportunity to buy in when your instinct says sell out.
It’s scary… It takes guts. It’s hard to see the future pay-off. Of course if it was easy — if it didn’t test your mettle — it wouldn’t be a “growth” opportunity now would it?
P.S. (If you feel like you missed out on this AFGO, don’t worry. There’ll be more.)
S&P 500® Index: An index, with dividends reinvested, of 500 issues representative of leading companies in the U.S. large cap securities market.
Indexes are unmanaged and cannot be invested in directly. Returns represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.