predictions

Here We Go Again

Here We Go Again

If you’re the kind of investor who likes to worry, then October has given you plenty of stimulus.  After this week’s declines in the popular S&P 500 index, the index has lost 8.8% in this month alone, wiping out all the gains that we’ve enjoyed this year, putting the index in negative territory.  The once-soaring Nasdaq Composite Index of technology companies tumbled 4.4% on a single day this week.  It’s time again to remind ourselves of some tried and true investment wisdom.