Volatility is GOOD!

Apr 2004 //
Risk vs. Volitility
History
Investing

…the more extreme stock prices become in the short run, the more opportunities we have to buy cheap and sell dear.  Indeed, I would go so far as to say that without the periodic volatile price swings of the last 11 years, we would not have averaged investment returns as high as those that we actually achieved.  In short, for the careful investor, volatility is good.