These days it seems as if the market doesn’t know whether it wants to break through fears of higher rates and a slowing China or crash lower into a new bear market. The VIX volatility index has jumped to an average 24.1 in the first month of 2016 against an average of just 16.7 in 2015. The S&P 500 tumbled 9% in the first three weeks and triple-digit moves in the Dow are a daily occurrence. In the frenzy of daily trading, it’s easy to lose sight of the long-term potential to make money. When asset prices plunge, it’s easy… Read More
These days it seems as if the market doesn’t know whether it wants to break through fears of higher rates and a slowing China or crash lower into a new bear market. The VIX volatility index has jumped to an average 24.1 in the first month of 2016 against an average of just 16.7 in 2015. The S&P 500 tumbled 9% in the first three weeks and triple-digit moves in the Dow are a daily occurrence. In the frenzy of daily trading, it’s easy to lose sight of the long-term potential to make money. When asset prices plunge, it’s easy to forget about the 221% total return on the S&P 500 since the bottom of the financial crisis in March 2009 or the 375% cumulative return over the last two decades. #-ad_banner-#In fact, the recent market selloff may be your opportunity to pick up some of the best performers of the last 20 years at a discount. A lot of these bellwether names saw their stock prices surge over the last few years but have come down to more reasonable values in the last month. They’ve made millionaires of investors over the last two decades and may be ready to… Read More