A few weeks ago, a young investor contacted me with concern.
He asked, “What happens if we experience another “lost decade” for stocks? I’m afraid that I won’t make money. How do I protect myself from that?”
I told this investor that I have experienced two “lost decades”: from 2000-2010 (U.S. stocks) and from 2007-2017 (International stocks). And…my net worth continued to grow. I don’t care what the stock market does, and nor should he. I promised to write a story to help him understand, and to help anyone who fears another possible “lost decade.”
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