How long is the long run?
1929-1952:If you had owned stocks in 1929 and didn’t sell, it would have taken you 23 years just to break even!
1964-1982:If you had owned stocks in 1964 and didn’t sell, it would have taken you 18 years to break even!
2007-presentAs you know well, if you had owned stocks just 18 months ago and didn't sell, your portfolio and retirement accounts would be worth 43% less than they were 18 months ago!