Stock market chaos got you worried? Here’s hard truth for investors

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Stock market chaos got you worried? Here’s hard truth for investors

Despite a 1,000-point tumble on the Dow and the worst day for the S&P 500 since 2022 on Monday, stocks have had a good run in 2024.

The S&P 500 is still up above 10%, while the Nasdaq has moved 11% higher this year. Just weeks ago, stocks were hitting all-time highs. 

Wall Street investors are a panicky lot and they’re always asking, “What have you done for me lately?” Yesterday’s gains are not enough – they need tomorrow’s. When those gains look uncertain, traders hit the sell button and ask questions later.

But individual investors don’t have to play that short-term game. In fact, it’s much better if they don’t, because they’re primed to lose, going against high-powered computerized traders and more research than an individual could gather in a lifetime. The good news: Individuals can still beat Wall Street by playing their own game – the one where the pros are at a disadvantage. 

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