Don’t Count on the Fed to Backstop Your Investments

Yes kids, stock prices can sometimes plummet. And they did during the first trading session of 2016. It’s a helpful reminder to forgetful innocents about this unforgiving fact. The chart below shows how the SPDR S&P 500 ETF (NYSEARCA:SPY) has declined 1.65% over the past month. That in itself isn’t disastrous, but stock market volatility (ChicagoOptions:^VIX) …

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