Tuesday Sep 27, 2011
12:00 AM - 12:00 AM EDT
Starts: 630pm
Ends: 830pm
SmartPlan Investing Education Center
Jennifer Foster
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Let's face it, the market looks like a roller coaster ride these days, but is it time to get out? In this presentation by Roy Wiley, CPA and Investor Coach we will look at market crashes from a historical perspective. Did you know that since 1928, there have been 87 market drops of 10% or more, compared to 23 market drops of 20% or more. Since 1946, it has taken the market just 111 days, on average, to rise to its pre-crash levels. The reason stocks have historically returned more than fixed income overthe long term is because stock holders endure the volatility of the market. Without the volatility that goes hand-in-hand with stock ownership, the risk returns associated with stocks would diminish andso would the attendant wealth.
Printed courtesy of www.palmbeaches.org/ – Contact the Chamber of Commerce of the Palm Beaches for more information.
401 North Flagler Drive, West Palm Beach, FL 33401 – (561) 833-3711 – Chamber@PalmBeaches.org