: About Me

Rene Pharisien is a Partner at Blue Lake Ventures, LLC, a California-based private equity fund.

Personal Finance > Stock Market How to properly assess the stock market today

5 of 5

Was this a correction or the start of a bear market? While the July and August market turmoil upset investors, we view the summer downturn as a normal correction and a great opportunity to increase stock holdings. We are in the fifth year of a long bull market which has gone virtually uninterrupted. The last correction was over a year ago during late spring 2006, so it was simply overdue. 8% to 10% declines are common and a normal part of the health restoring process during bull markets, and you have just witnessing one. Investors with a long term horizon will be nicely rewarded. What are ...

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