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FBN’s David Asman breaks down why market experts believe we are poised for a comeback in the next ten years.
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-- Finally tonight the stock target seems impossible to pin down these days it's up a hundred points one minute down 200 the next.
Doesn't seem to have any kind of direction just kind of -- hosting.
And when -- coasting you're going downhill so is it time to cash out -- absolutely not say some of the wise this old timers in the business.
In fact vanguard founder Jack Bogle thinks -- while we're in a tough front right now the market is going to double over the next ten years -- ten years I know.
Is a long time so if you need money right now maybe it is the time to -- out.
But for those who can wait out the storm of the next year or so we could be due for a nice bull run.
Financial historian Richard -- has looked in the market trends all the way back to seventeen hundreds and He tells the Wall Street Journal quote if you look at the long sweep of history.
This seems like a good time to buy because.
The average return is down near the bottom.
Course professor silo like Jack Bogle was talking about the long term if you're kind the kind of person who west a check -- your stocks every couple of minutes or so this is not.
The market for you but if you can afford it put a little aside and steady indexed funds and leave it there for months without checking.
You probably will be very pleasantly surprised a couple of years Jack Paul little's been right about investing more than He has been wrong about investing.
And He says there are more reasons to get in and -- get out.
Over the long run.
He is probably right that's it for night we're so glad you could join as exciting -- -- -- really targeting a lot more about so lender we have the former Whitewater special counsel.
Right here -- scoreboard right now it's time for follow the money.
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