I’m going to come right out and say it. This market sell-off is ugly. It’s not fun. It’s scary.
But now it’s time to take a deep breath and relax. (And not look at your 401(k) balance.)
We’ve been through this before. It’s not the end of the world. It may not even be the end of the bull market that’s been going on for more than five-and-a-half years.
2008 was ten times scarier than this. A lot of people are going to be quick to say that the market turmoil of this September and October is similar to what happened in those two months of 2008.
That’s BS. Really. What’s going on now is not even close! It’s really funny how short people’s memories are. I’m not talking about ancient history. …Read Full Article published Oct 15th 2014.