Taper Myths – Don’t Let Them Cost You Money!

Here is the punch line: “And stocks went up!

Between December 31, 1974 and December 31, 1982 the Dow Jones Industrial average rose from 616.24 to 1046.54 (70%)

Bottom Line on the myths: Our economy is doing fine and will be easily able to handle higher rates.  Do not let the media talk you out of investments on what I perceive to be a well-hyped but totally inaccurate myth.

BTW, we’ve seen this movie before:  "DreadedTaper" (kortsessions.com June 7, 2013)

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Disclaimer: The information presented here represents my own opinions and does not contain recommendations for any particular investment or securities. I may, from time to time, mention certain ...

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