The stock market has the tendency of entertaining us with a 10% correction in the first half of the year.
It resumes its trend up until summer to surprise us once again in the third quarter with another 10% correction.
Since 1987, the overall upward trend has been close to 8% (if stocks are held for at least 10 years and bought in the channel shown in The Peter Dag Portfolio -- as they are now). Add to this number the average 2%+ dividend and you get an interesting 10%+ total return.
Will this year follow the average pattern? The noisy and depressing pessimism makes me bullish!
More on https://www.peterdag.com/.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
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