The stock market is inherently volatile, but it is more likely to go up than down. Defining “the stock market” as the aggregate capitalization of all the securities listed on the NYSE, AMEX and NASDAQ exchanges, there have been only 22 years out of 89 in which the markets were down. That means that about 75% of the time, the year ends with the stock market gaining money.
Those are good odds and a good reason to remain invested even after a year in which the markets went down.
But how volatile are the markets really?
Of the 22 …Read More