Volatility and risk are fundamental to investing; they are the price we pay for returns on capital. Going back to 1950, the S&P 500 averages a 14% pullback annually – and a drop of 20% or more every four years.
Volatility and risk are fundamental to investing; they are the price we pay for returns on capital. Going back to 1950, the S&P 500 averages a 14% pullback annually – and a drop of 20% or more every four years.