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Wealth Effect: Has the Dow High Restored Yours?

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Marketplace American Public Media
James Angel, who teaches finance at Georgetown’s McDonough School of Business, says it all depends on what you did when the market dropped. “If you panicked and sold when the market went down you probably bought high and sold low, so you’re out of luck,” he says. If on the other hand, you viewed the dip in the market as a buying opportunity, “you’re probably really happy today.”
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