Stock Market Recoveries

One of my favorite pieces of stock market advice is by William Berstein,

Investing has and always been, and will remain, an operation in which wealth is transferred from those without a working knowledge of financial history to those who have one.

Keeping that in mind please look at these charts done by Morningstar about market recoveries and the effects of diversification among asset classes.  Charts and all information by Morningstar, Inc

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