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Get Smart: Did You Miss the US Stock Market Bull Run?
By The Smart Investor  •  November 29, 2024
The tech-heavy NASDAQ Composite Index hit a historic high two weeks ago, marking an 85% surge since its October 2022 low of 10,089 points. Back then, fear gripped investors, as I noted in a Business Times article (edited for brevity): “With dark clouds gathering around the global economy, stocks are cheaper today than in the past two years. Yet, fear paralyses investors, despite the abundance of data and analysis.” Fast forward to today, and fear remains—just in a different form. Those invested are worried about a downturn, while others debate whether to buy now or wait. No one wants to invest today only to see the market plunge tomorrow.

Hitting all-time highs

The 2022 downturn is over, but the battle scars remain.   Investors remember it well: those who bought at the 2021 peak subsequently suffered a 33% decline in the NASDAQ in 2022. The pain of seeing your money shrink by a third is hard to forget....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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