We have attached a brilliant graphic showing every single bull market and bear market going back to The Great Depression. We hope you will see that no matter how bad you think any crisis might be, the data points overwhelmingly to the fact that the long term gains far outweigh any short-term pain. All periods following any crisis have been well worth the wait and the evidence shows that the worst thing you can do is panic and sell out.
The bottom line is that over all this time the average Bull Market lasts for 8.9 years with an average cumulative return of 468%, whereas the average Bear Market lasts 1.4 years with an average cumulative loss of 41%. The lesson is clear – ride out the short-term pull backs and enjoy extended periods of prosperity.
This too will pass….