A decade after the stock market’s financial-crisis lows, investors should imagine: If they had bought bottom at the bottom, what would they have done next?, writes Jmackin2
True contrarians only buy stocks when it makes them feel physically sick. This week is exactly 10 years since the vomit-inducing moment when the S&P 500 hit an intraday low of 666 , Citigroup became a penny stock and General Motors was considering bankruptcy.
U.S. stocks stood where they had been 13 years earlier, the financial system was collapsing and investors thought a repeat of the Great Depression was on the way.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why U.S. Car Buyers Are Opting For Insane Loans And Why They Should StopU.S. car buyers are over-leveraging themselves with vehicles they can't afford and loans terms that don't make sense. Buying a used vehicle is far smarter for getting the car you want.
Read more »
Why I am still a Catholic — and why that becomes more difficult every dayWhen the pope and cardinals speak, they do not seem to understand that it feels to us like the Church is disintegrating – and our faith with it.
Read more »
Why The Just-Released February Jobs Numbers Are Disappointing -- And Why That MattersThe much-anticipated February Employment Situation Report was released today, showing only 20,000 jobs added. Despite this, unemployment fell to 3.8%. However, this has done little to relieve the concerns of those worried that the expansion may be slowing.
Read more »
ECB stimulus flows show why Draghi works so hardPresident Mario Draghi bought 2 tln euros of government bonds to boost the economy. But some proceeds were used to buy debt issued by non-euro zone companies, or left in bank deposits, the BIS says, diluting the impact. Though mainstream, money-printing remains an imprecise tool.
Read more »
Why Is It So Hard For Couples To Talk About Money — And Their Debt?Money, and how we spend it, is emotional. Financial therapists could help us talk about it.
Read more »
14 Screenshots Of Interactions With “Nice Guys” That Are So Alarming It's Not Even Funny'Not sure why you'd text me back when you knew you still had a boyfriend...'
Read more »
Opinion | Democrats have room for more 2020 candidatesOpinion: Democrats have room for more 2020 candidates
Read more »
Why Boards Should Care When The General Counsel LeavesAs recent events at Tesla suggest, the departure of a company’s general counsel should almost always raise the yellow flag in the boardroom, no matter the circumstances
Read more »
22 Slightly Odd Things You Never Noticed In 'Twilight'OK, but why is Edward wearing SHADES but not sparkling???
Read more »