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/biz/ - Business & Finance

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>> No.416284 [View]
File: 169 KB, 1079x757, 13.04.30 Bull and Bear S and P 500.png [View same] [iqdb] [saucenao] [google]
416284

>>416277
+1 to this. The 2008 "crash" was notable for its magnitude, but not for its duration. And yes, when your investment horizon is 20-40 years, 16 months is most definitely short-term. Your failure to grasp this epitomizes the difference between an investor and a gambler.

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