Recent market turbulence, including sharp stock market drop, has been a wakeup call for many investors. Feeling queasy? It isn’t too late to make portfolio changes: The S&P 500 may be down 10% from its all-time high in September, but it’s still up an eye-popping 290% since March 2009.
If this is the start of a bear market—and that’s a big “if”—the decline and subsequent recovery will likely all be over within five years or so.
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