Chart of the Day: Good Time to Buy
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Today’s Chart of the Day from @MVMoneyVisuals on X, formerly known as Twitter, sums up many of the comments heard by advisors over the years. On a long enough timeline, there has never been a bad time to own stocks for the long-run.
For instance, the difference between annual returns in buying during the bottom and the peak of the Great Recession during 2007 and 2009 is 8.9% vs. 15.3% respectively, both of which are admirable returns.
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