Intellectually and Emotionally, Investors Wear Different Eyeglasses
"Intellectually, we all know that, over time, the stock market goes up," says Sheaff Brock Managing Director Dave Gilreath (as well he might, looking back over no less than four decades in wealth management). In fact, a chart (shown below) of S&P 500 returns over the past 40 years shows "mostly good years mixed in with a few scary ones." Of course, few clients look at their investment account statements only once per year, Gilreath admits; a chart showing quarterly, [...]