To our clients and friends
It’s not fun to look at your portfolio statement during normal market downturns like we are experiencing now. When will it end? I have no insider information about when things will turn around, but I do have some historical facts about what has happened in the past, and that can be a good guide as to what may likely occur moving forward.
Bad Markets Are Often A Good Market Entry Point
Historically, putting in extra cash into the market during a downturn has been profitable [no guarantees naturally], while panicking and pulling out at this point will likely be a costly decision.
Valuations are Reasonable by Historical Standards
5 or Ten Years From Now, This Downturn Won’t Likely Seem Like a Big Deal
Of course, things could be quite different this time around. No one really knows.
“History Never Repeats itself, but it does often rhyme”
*The views and opinions expressed in this article may not necessarily reflect those of IPC Securities Corporation.