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Managing Your Money: Building Wealth, Even From Scratch

Barron's Live

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Investing Over the Long Term Is a Great Way to Build Wealth

Investing over the long haul is a great way to build wealth. Lately, the market has been very volatile. Markets that do nothing but just go up without any care or concern for fundamental analysis are bound to have a significant pullback. We saw that in 2022 and it didn't feel so good. Prior to the great financial crisis of 0809, on average, the markets a five percent pullback twice a year and a 10% pullback once a year.

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