In 2020, it crashed by 34%, and in 2008, it plummeted by 57%.
Similarly, in 2000 and 1987, it fell by 49% and 29%, respectively.
However, since 1926, the stock market has increased by an average of 11% each year, which is over a million percent.
Investing in the stock market may seem risky in the short term, but not investing can be riskier in the long term.
It’s essential to have a long-term investment strategy that aligns with your financial goals and risk tolerance.
Diversifying your portfolio across different asset classes can help mitigate risks and maximize returns.