Many millennials have never experienced a sustained recession in their investing lifetimes, leading to a generally optimistic outlook towards the market's continuous growth.
While many long-term investors disregard the potential for a market crash, a 50% market decline could necessitate around a decade for average portfolios to recover.
The prevailing bullish sentiment among many investors could indicate a cautious outlook, echoing Warren Buffett's advice to be 'fearful when others are greedy.'
Historical probabilities of a U.S. recession remain low, yet the current market expansion has led some to argue that a market correction may be overdue.
Collection
[
|
...
]