Would you quit after seven years? Market watchers are not ready to throw in the white towel.
Many investors are wondering as the market has been volatile over quarters, however the gains are rising.
Despite the range of factors threatening to derail the bull market’s longstanding run, there are things in the domestic economy that could give market participants hope for a sustained move higher.
As noted in Fox Business, “So far, the bull market, the third-largest in history, has lasted a total of 84 months, and has risen 215% through last May when it notched its all-time high in the middle of the month. For perspective, that performance is better than the average age of 56 months, and a price advance of 144%,” according to data compiled by S&P Global Market Intelligence.”
Since the bull market is not ready to call it quits that means more money for patient investors. Our advice during this time is to buy and hold.
Bahiyah Shabazz is the President of Shabazz Management Group, Fabulous & Money Savvy and BROWN GIRLS DO INVE$T. She has appeared and given financial advice on various media outlets, and is the author ofWomen Building Wealth.