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Investing In The 21st Century — Rational Exuberance at 2006-01-05 09:08:24
The Markets of 2000 and 2001 have shattered the expectation of investors. Did you think stocks were automatically safe and profitable if you held them long enough? Many did and many have lost money. The 1990's marked a pinnacle of prosperity for equity investors. In contrast, today's investors are speculating how much lower the market will go. It is important to understand market declines and how to protect against them.
