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Bear Markets Suck

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Author: Michael Batnick
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U.S. stocks have compounded at an annual rate of 10.4% from 1926-today. If this was the only information you had, then there would be only one logical thing to do; Buy an index fund, and never, ever sell.
Jeremy Siegel once said, “Fear has a far greater grasp on human action than the impressive weight of historical evidence.” I think this is mostly right, but doesn’t give enough consideration to the fact…

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