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The stock market may have enjoyed a period of strong growth since the global financial crisis, but its past performance shows that a bear market is likely to take place in the coming years. Our latest articles and strategies for the post-work life you want. Join Our Premium Community In such a scenario, buying opportunities may be plentiful. In fact, with risks such as a global trade war and political uncertainty being present in the Middle East and Europe, investor sentiment could decline significantly in 2020. Get Started Investing As such, buying a range of stocks while they trade on lower valuations caused by an economic slowdown has historically been a sound strategy for long-term investors. The company was delisted from the stock exchange in 1976. The most notorious equity market crash events were Black Monday in October 1987 and the Wall Street crash of 1929. From October to December 1969 the ASX All Mining index rose by 44%. Meanwhile, his passion for investing remains strong and he couples this with writing for The Motley Fool as a freelancer. The Poseidon bubble was a stock market bubble in which the price of Australian mining shares soared in late 1969, then crashed in early 1970. History also shows that even if one-day plunges are avoided, the last few months of the year can be a perilous time for investors. As the price of mining shares grew, new companies were listed by promoters hoping to cash in. His investment style is value-oriented, focusing on company fundamentals as well as assessing the strength and presence of a competitive advantage. It was triggered by the discovery by Poseidon Nickel of the early indications of a promising nickel deposit in September 1969. Each company boasts strong growth prospects over the next 3 to 5 years, and most importantly each pays a generous (and fully franked) dividend! © 2009 - 2020 The Motley Fool Australia Pty Ltd. All rights reserved. So if you’re looking to get your finances on track and you’re in or near retirement – we’ve got you covered! Almost 30 years ago, the initially steeper Black Monday computerised-trading driven sell-off in the US sparked panic-selling around the world that hit the Australian sharemarket on Tuesday, October 20. The Motley Fool Australia has no position in any of the stocks mentioned. This article contains general investment advice only (under AFSL 400691). It recommended a number of changes to the regulation of stock markets, which ultimately led to Australia's national companies and securities legislation. While the stock market has always experienced bear markets following bull markets, the reverse is also true. Certainly, losing money on your existing holdings can cause a degree of pain. However this year, outside the globally unloved Australian sharemarket, you would be hard pressed to sense it. The Poseidon bubble was a stock market bubble in which the price of Australian mining shares soared in late 1969, then crashed in early 1970. Motley Fool contributor Peter Stephens has no position in any of the stocks mentioned. The transition occurred when Standard & Poor's (S&P) assumed responsibility for Australia's suite of indices, bringing the Australian share market into the global spotlight. Alongside the aforementioned threats to the global economy, this could mean that the near-term prospects for the stock market are relatively uncertain. And 10 years later the market remains 17 per cent below its all-time high. After that, very little further information came to light but the price continued to climb on speculation. While above-average growth prospects remain very attractive, a greater focus on dividends has crept in since Peter became a part-time retiree in 2007. Win at Retirement We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Scott just revealed what he believes are the. Terms of Service | Although they may experience a difficult period in the near term, in the long run they could offer growth potential alongside relatively attractive dividend yields. Western Mining then took over management of the mine, operating it until 1991. Mining stocks peaked in January 1970, then immediately crashed. You can do it. In this FREE STOCK REPORT, Scott just revealed what he believes are the 3 ASX stocks for the post COVID world that investors should buy right now while they still can. The All ordinaries index was smashed down 26 per cent in one trading session. Having held various senior management positions in the manufacturing sector, Peter founded his own manufacturing company in 1996 that was subsequently sold in 2007. Investors appear to be pricing in the potential for a downturn in the stock market’s price level. Listen to Our Podcast Poseidon shares peaked at an intraday high of $280 in February 1970, and fell rapidly thereafter. Therefore, if the stock market does experience a challenging 2020, it may be a good idea to view it as a buying opportunity as opposed to a cause for concern. Aside from the above market routs, in 1948, 1960, 1964, 1969, 1971, 1976, 1992, 1997, 2001, 2011 and 2015 the second half of each year ws the start of heavy sell-offs in excess of 10 per cent. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*. The rapid rebound from the 2008 global financial crisis crash serving to diminish the gut-wrenching impact of that event in the memory of investors.

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