The Price of Admission

By Charlie Bilello of Compound

When investors think about risk, 2008 is usually the first thing that comes to mind. And for good reason. It was the worst year that most investors alive today have ever experienced.

With dividends included, the S&P 500 lost 37% in 2008, its largest decline since 1931 (during the Great Depression). Since the end of 2008, the S&P 500 has gained…. Read more