My Investment Mantra:
Downturns are normal. Upturns follow downturns. Upturns last significantly longer.
This chart represents my felt tip marker exercise. First, with a red tip marker, circle the downturns. Next, with a green tip marker, circle the upturns. You can see that upturns significantly outpace downturns.
Source: First Trust
I am Jeffrey D. Rickett, a CERTIFIED FINANCIAL PLANNER™ specializing in retirement planning. I offer business owners, executives, and other clients more than 20 years of investment management experience. Continue reading.