April 28, 2018
I have heard several stock market experts state that stocks are great because you are virtually certain of making money over any 30 year period. That is too say, in any period in which you start investing in stocks, at the end of 30 years you will have made money.
So lets say that you start investing on January 1, 2018, if you keep your money in the stock market until January 1, 2048, you will be a financial winner. This is general advice.
I spoke with someone in 2009 who had a substantial portfolio of stocks in large corporations. We talked about the stock market decline. I told him that the value of his stock portfolio would go back up. His response was that he won’t be alive when the market fully recovers. He died the following year.
We are now in a situation in which interest rates are going up. When interest rates go up, bond prices go down. Also, stock prices usually go down.
If you or someone you know have lost money in investments, please feel free to call Attorney Singer to discuss your situation, including securities arbitration.
Attorney Robert M. Singer
2572 Whitney Avenue
Hamden, CT 06518
203-248-8278
rsingerct@yahoo.com