By John Persinos
I wouldn't blame you for being frustrated with stocks right now. The seesawing equity markets are disappointing bulls and bears alike. But I would blame you, if you threw in the towel and sulked on the sidelines. As I like to tell my seven-year-old twin grandsons, there's no crying in baseball.
Portfolios took a hit in 2022 but cheer up. History shows that the S&P 500 rarely declines two years in a row. When we've inevitably gotten through the Federal Reserve's rate tightening gauntlet, investment opportunities will explode on the upside, especially in artificial intelligence, electric vehicles, the Internet of Things, and other once-in-a-generation megatrends.
Now's a good time to draw up a shopping list of "dream stocks" that were too pricey in the recent past. Consider buying on the dips. In the meantime, stay patient...and stay in the game.
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