It's Back To Basics For Stock Investors
For years, it seemed just about any stock-picking strategy would do, whether it was index investing, momentum investing, or buying tech stocks. Each approach had its gurus, each yielded good returns, and seemingly the only decision for investors was whether to reach for double- or triple-digit returns. The year 2000 began no differently. At first, the sky seemed the limit. But then winter gave way to spring, and the sky--along with Nasdaq and other markets--began to fall. By December, all that remained was to calculate if those losses were in the single or double digits.
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