Often as investors, we are forced to endure prolonged periods where it feels like our investments are stuck in neutral. These stretches of time can test our patience and resolve every bit as much as when markets are plummeting. The natural instinct is to believe that something must be broken, so we are tempted to shake things up a bit.
A headline on CNBC yesterday morning read, “The Stock Market is Exactly Where it Was One Year Ago.” If you do not track the market regularly, you may be thinking this is impossible. Every few weeks, we seem to read headlines that state that we have hit all-time market highs. What is missing from those headlines, however, is when was that last high…and what happened in between?Continue reading “Stuck in Neutral”