FYI: My father’s friend, Ken, recently sent me an email. He asked: “Is it a good time to add money to U.S. stocks now? I recently came into some cash, and the Dow has dropped a lot over the past few months. Using Warren Buffett’s logic, is it a good time to buy? Some financial people say I shouldn’t be in a hurry because it might drop further.”
If U.S. stocks don’t get off the canvas before the New Year’s bell, it will be their first calendar-year loss since 2008. Between January 1 and December 24th, the Dow Jones Industrials dropped 9.97 percent. The S&P 500 dropped 10.49 percent. These aren’t horrific year-to-date declines. But the rate they fell over the past 3 months has many people worried.
Regards,
Ted
https://assetbuilder.com/knowledge-center/articles/us-stocks-have-fallen-hard-should-you-start-to-buy
