Don’t Worry The Market Always Comes Back

Read Full Bio

About Bill Broich

Bill Broich is a well-known annuity expert with over 30 years of experience. He has written hundreds of articles on annuities and other financial topics, and has been a featured commentator on TV, Radio and the Internet.

(Private conversation between a stock broker and a client)

Client: Mr. Broker, since the first of the year, my account invested with your recommendation, the Dow Jones Industrial Average has lost almost 10%, why?

Broker: Don’t worry, the market always comes back.

Client: Yes, but I was planning on retiring sometime this year and you said large American companies was the best place to keep my money, now how long will I need before I can retire?

Broker: Don’t worry, the market always comes back.

Client: What do I do if it doesn’t come back in a year or two, how will I be able to retire?

Broker: Don’t worry, the market always comes back.

Client: Maybe I should have used the Standard and Poor’s Stock Index instead, it hasn’t lost money has it?

Broker: Yes, great idea, since January 15 to June 28, it has done much better than the Dow, we should make the change.

Client: Great, what has it earned?

Broker: Well, it isn’t how much it has earned, it is how much less it has lost. In January 16, the S&P 500 closed at 2776 and now on June 28th it closed at 2716. Not as bad a loss as the Dow, shall we make the switch?

Client: Are you saying to me that it also lost money?

Broker: Don’t worry, the market always comes back.

Client: I wish I hadn’t listened to you, I wish I would have moved my money to an annuity.

Broker: Don’t worry, the market always comes back.

Client: May I borrow your gun?

Use this link to find any time period for performance of the S&P 500: https://finance.yahoo.com/quote/%5EGSPC/history?period1=1514793600&period2=1530169200&interval=1d&filter=history&frequency=1d

About Bill Broich

Bill Broich is a well-known annuity expert with over 30 years of experience. He has written hundreds of articles on annuities and other financial topics, and has been a featured commentator on TV, Radio and the Internet.

View The Best Annuity Rates Available Now

Annuities are a safe and reliable investment. They can transform your savings into a more predictable income. Speak with one of our qualified financial professionals today to find out how an annuity can offer you guaranteed monthly income for life.

Our unique system of “Pooled and Shared” articles by our authors, our outside contributors, and writing assistants provides efficiency, enhanced collaboration, and greater topic accessibility. This allows for a better utilization of content and productivity while delivering meaningful content to our readers.

Content in our posted articles is deemed to be accurate but topics, facts and laws can change. It is always a good idea to verify facts before making decisions. Always seek authorized and professional advice regarding financial decisions which includes investing, annuity purchases, tax planning, changes in a financial portfolio and retirement planning.

Share This Entry:

In This Article

Protect Your Retirement

Our 20th edition of The Safe Money Guide, the standard of the industry.

Recent Posts

Archives