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Article: Let's not panic.(declining value of the stock market does not mean people should not invest in stocks)(Brief Article)
- Article from:
- Black Enterprise
- Article date:
- April 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 Earl G. Graves Publishing Co., Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Over the last several months many investors found that what they'd always heard--but never really believed--was all too true: The stock market can actually go down. When technology stocks fell last year, triggering a ripple effect throughout the financial markets, some investors experienced, for the first time ever, serious losses. The experience is painfully sobering, to say the least, to those who have never known the word "market" to have ever been preceded by any word other than "bull."
The broad U.S. stock market registering its worst year since BLACK ENTERPRISE'S infancy in the 1970s is our first-ever major challenge to the wealth-building commitment of ...