None of this worry-wart speculation changes the fact that the markets generally rise in the long run. The American GDP has increased 20-fold since 1850 despite terrorist attacks, natural disasters, oil crises, the rise and fall of Vanilla Ice, and two world wars. Alcoa and Intel may rise again — or die trying. A properly diversified portfolio will overcome these minor blips and create lasting wealth in the long run. What happens today really doesn’t matter. The chart below will still point upward for decades and centuries to come, and the stock market largely follows suit.
The article Not Every Dow Stock Is a Long-Term Winner — and That’s All Right originally appeared on Fool.com and is written by Anders Bylund.
Fool contributor Anders Bylund owns shares of Intel Corporation (NASDAQ:INTC), but he holds no other position in any company mentioned. Check out Anders’ bio and holdings or follow him on Twitter and Google+. The Motley Fool owns shares of Intel and Bank of America Corp (NYSE:BAC).
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