Best Columns: Bear Buying, Burying Bulls
Resisting the sell button
“These are the times that try long-term investors’ souls,” says Money Magazine’s Stephen Gandel in CNNMoney.com. Equities are down about 20 percent from their recent highs, after the “worst month for stocks since the Great Depression.” And your gut is probably telling you to cut your losses and sell. That reaction would be “the exact wrong one.” First, markets recover quickly, and it’s notoriously tough to buy back in at the right time. “Second, stocks are actually a better deal—maybe even ‘safer’—than they were a year ago.” To “keep you finger off the sell button,” remember: you’re investing for the long haul, things are comparatively not that bad, and this drop won’t actually hurt much in the long run.
Requieum for a boom
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The Dow is down 19.9 percent from its October high, says Roger Cohen in The New York Times, but it’s worth noting that since 1960, the average bear market has knocked stocks down 31 percent. Still, “we had good times, didn’t we?” And not everyone is suffering. “China, India, and Russia joined global markets,” and many of their workers are now eating two meals a day now instead of one, and trading their bikes and scooters for cars. Compare that to “debt-ridden America’s economic vulnerability,” and it becomes clear that out military dominance “is no longer matched by economic dominance.” For the West, “rough days lie ahead,” but maybe we’ll find “some more reasonable balance.”
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
Test driving the Rolls-Royce Spectre Black Badge
The Week Recommends We take the most powerful Rolls-Royce ever built for a spin in Barcelona
By Fergus Scholes Published
-
Tuberculosis is seeing a resurgence, and it's only going to get worse
Under the radar The spread of the deadly infection is buoyed by global unrest
By Devika Rao, The Week US Published
-
Sudoku hard: April 03, 2025
The Week's daily hard sudoku puzzle
By The Week Staff Published