Goldman Sachs: “Compelling” returns after 25% market drop

“Historical drawdowns of 25% or more have delivered a forward one-year return of 27%, on average, with longer investment periods proving even more compelling. Timing the market bottom is difficult, but investors early to this recovery may see favorable returns over time.”

Editor’s Note: Buying low is hard, but buying high is certainly more costly.

Joe Sweeney

Joe is a failed baseball player turned market blogger

Previous
Previous

Morningstar: Equity market trading at a 20% discount to fair value

Next
Next

Blackrock: Double Digit returns often follow inflation peaks