THE SEVEN FUNDAMENTAL BELIEFS - Belief #1

"The world is not coming to an end, despite how the stock market is reacting. Investor sentiment has a more pronounced impact on stock prices than fundamentals in the short to intermediate term. In the long term, however, fundamentals always prevail. Throughout the history of American capitalism, the markets have survived and flourished after times of crisis. Since WWII, there have been several recessions and eco-nomic setbacks, and the market has recovered from each crisis in a timely manner. History indicates that the vast majority of such declines is normal and will be short term in nature, when the government reacts accordingly."

THE SEVEN FUNDAMENTAL BELIEFS - Belief #1