The Great Debate UK
- Kully Samra is UK Branch Director, Charles Schwab. The opinions expressed are his own.-
The last year was an unbelievable roller coaster ride in the financial world. In the U.S. we saw the S&P 500 plunge to 667, a 12-year low, in March, and then rise over 60 percent from that low as the economy moved away from the edge of the cliff and started to recover.
As a result tried-and-true lessons were brought to light for investors, including knowing your risk tolerance, understanding what “long term” really means, and the ongoing benefits of diversification and rebalancing.
At Charles Schwab we remain relatively optimistic on the prospects for the U.S. markets in 2010 as economic conditions continue to improve. The U.S. economy has bounced well off the bottom and continues to improve, although not in a straight line, and the growing question is whether growth can be sustained.
-David Kuo, Director at the financial website The Motley Fool. The opinions expressed are his own.-
It wasn’t supposed to happen. Shares were not supposed to rise between May and September. That is if you believe the old stock market adage that says you should sell in May and go away, and don’t come back until St Legers Day.