Bull Markets Last Longer
by greg howell (314.854.5607 direct)
HOPE:
While the markets continue to decline and the end seems to never get here, I wanted to give you a little hope. I have talked with a lot of clients and the overwhelming question seems to be: "Should I hang on because if I do, my account is going to end up being zero?"
PLEASE TAKE3 MINUTES TO LOOK AT THIS ATTACHMENT (it will hopefully give you calming effect to what you are reading in the papers and seeing on TV).
HISTORY:
Go back over just the past 40 years (to 1968).....the 2 worst down(Bear) markets have been 1973-1974 (when the S&P 500 fell 43% over 21months), and 2000-2003 (when the S&P 500 fell 43% over 30 months). We are currently in the 14 month of this Bear market and the S&P 500 is down about 28% since Jan.
LOOK AT WHAT HAPPENED AFTER THE S&P 500 STOPPED DECLINING - from 1974-1976 the market went up 86%!!!!! After the tech bubble in 2004-2007 the market soared 91% over the next 5 years.
We WILL have another Bull (UP) market......It WILL come.....you just have to ride out the bear markets to enjoy and reap the benefits.
With the being said, if you can't take any more pain, then call me and we can discuss the appropriate options.
Also - If you know of anyone who is asking you questions about what they should do and you don't feel comfortable giving advice, please pass my name along to them. I would love to help any of your friends or family.
Gregory R. Howell
Vice President-Wealth Management
Financial Advisor
citi smith barney
101 S. Hanley Road, Suite 600 Clayton, MO 63105
Tel: 314.854.5607 Direct 800.325.0630 Toll Free
314.854.5606 Fax
For account access or market information please access my website at
http://fa.smithbarney.com/greghowell
Bull_Markets_have_lasted_longer%5B1%5D.pdf
HOPE:
While the markets continue to decline and the end seems to never get here, I wanted to give you a little hope. I have talked with a lot of clients and the overwhelming question seems to be: "Should I hang on because if I do, my account is going to end up being zero?"
PLEASE TAKE3 MINUTES TO LOOK AT THIS ATTACHMENT (it will hopefully give you calming effect to what you are reading in the papers and seeing on TV).
HISTORY:
Go back over just the past 40 years (to 1968).....the 2 worst down(Bear) markets have been 1973-1974 (when the S&P 500 fell 43% over 21months), and 2000-2003 (when the S&P 500 fell 43% over 30 months). We are currently in the 14 month of this Bear market and the S&P 500 is down about 28% since Jan.
LOOK AT WHAT HAPPENED AFTER THE S&P 500 STOPPED DECLINING - from 1974-1976 the market went up 86%!!!!! After the tech bubble in 2004-2007 the market soared 91% over the next 5 years.
We WILL have another Bull (UP) market......It WILL come.....you just have to ride out the bear markets to enjoy and reap the benefits.
With the being said, if you can't take any more pain, then call me and we can discuss the appropriate options.
Also - If you know of anyone who is asking you questions about what they should do and you don't feel comfortable giving advice, please pass my name along to them. I would love to help any of your friends or family.
Gregory R. Howell
Vice President-Wealth Management
Financial Advisor
citi smith barney
101 S. Hanley Road, Suite 600 Clayton, MO 63105
Tel: 314.854.5607 Direct 800.325.0630 Toll Free
314.854.5606 Fax
For account access or market information please access my website at
http://fa.smithbarney.com/greghowell
Bull_Markets_have_lasted_longer%5B1%5D.pdf
posted by Russell T. Nolting at
4:04 PM
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