Past events show that the market encounters crises, such as the bursting of the technology and telecom bubble in 2000’s and 9/11. These crises create fear and uncertainty but only for a short period. The market crashes but recovers and continues to move on.
The long term trend has remained upward. The market has grown despite many crises in the past. The S & P 500 Index has risen from 100 in early 1970s to 1800 in 2014.
Keep your patience during crises and avoid emotional behavior.
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