Consider the period around the 2008 financial crisis. The stock market hit a record high on October
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Consider the period around the 2008 financial crisis. The stock market hit a record high on October 9, 2007, and officially entered a declining phase by June 30, 2008. The typical U.S. stock index fund lost about 16 percent over this roughly nine‐month period. In contrast, a 60 percent stock/40 percent bond portfolio lost only half that amount.
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Investments Analysis And Management
ISBN: 9781118975589
13th Edition
Authors: Charles P. Jones, Gerald R. Jensen
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