The Fear Mongers Just Can’t Help Themselves

Below is a synopsis of this investment report:

• On Monday, the Nasdaq Composite Index hit 5000 for the first time since March 9, 2000, and the media immediately became fixated on the potential for another major crash.
• There is next to no basis for a historical comparison of today against 2000 because the index’s compilation, valuation, and fundamentals are very different.
• Remain focused on the slow and steady growing economy, as valuations reflect far more manageable expectations versus the madness back in 2000.

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