During the last 40 years, there have been several significant drops in the price of the S&P 500.
What happens during this time? Companies innovate.
Companies that can innovate and adapt is why the share prices eventually rise.
Information in this material is for general information only and not intended as investment, tax, or legal advice. Please consult the appropriate professionals for specific information regarding your individual situation prior to making any financial decision.
This is not a recommendation for VFINX. This was to simply illustrate the long-term performance of the S&P 500 (an index that you cannot invest directly). Past performance is no indication of future results.
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In this paper we discuss 10 actions you should take to develop and deploy a successful long-term wealth plan. It will help you make decisions about your financial journey today and well into your retirement chapter.