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Stock Market Investors Have Lost $1.78 Trillion So Far This Year

February 16, 2016 1 Comment

Fortune reports that: “The S&P 500 Index has plunged 10.5% since the first trading day of 2016, erasing $1.78 trillion in value for investors, says S&P’s Richard Peterson, a senior director of Global Markets Intelligence. On average, investors have lost a collective $57 billion per trading day this year. Ouch. That’s roughly equal to the GDP of Canada in 2014.” For investors that stay the course or in accumulation stage, this is a happy news as stocks are now cheaper to buy. If you think long, stocks aren’t as risky as you think so stick with your investment policy statement. (fortune.com)

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  1. Th0m Dunn [eBooks] says

    August 1, 2016 at 12:23 am

    Any good man will tell ya – it sounds like an Anthrax song

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