The sky is falling! What to do now?

SPY chart for 12/17/2018

From the Wall Street Journal, December 17:

  • … Dow Jones Industrial Average slumped more than 500 points…
  • … Mounting signs of slowing economic growth…
  • … The Russell 2000 index slumped into a bear market…

From The New York Times:

  • … Wall Street notched a new low for the year on Monday…
  • … left investors limping through the last weeks of 2018…
  • … a shaky day in the markets…
  • … would be Wall Street’s worst year since the financial crisis a decade ago…

All major business publications tell the same tale. A friend with a $10 million portfolio says: “I sleep like a baby. I wake up in the middle of the night and cry.”

However…

SPY chart for the decade ending on 12/17/2018

Let us not forget that the market has gone up an astounding 400% over the last decade! The sky is not falling. Monday Morning Millionaire Program members have been nicely rewarded.

What to do now?

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Dr. Milan Somborac

The Monday Morning Millionaire Program supports do-it-yourself (DIY) investors which I have been for over 50 years. About my team and me

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