In a time when even Wall Street pros are panicking, you may think the best place for you money is a hole in your backyard. Well get a hold of yourself. If you're calm, smart and agile you can turn this nightmare market into a buying opportunity dream. You just need the right timing.
History shows that if you're not in the game during the tough times you'll miss the day when a new bull market is born. Take a look at how important timing has been over the past 40 years.
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$1 Invested in S&P 500 Starting in 1966
If you simply "bought and held" $1 would've grown to $16.58 today. However…
- If you remove the 5 best days of each year $1 would've shrunk to $0.11 cents
- If you remove the worst 5 days of each year $1 would've grown to $2,521
Source: Birinyi Associates
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CNBC's Suze Orman joins the panel for this conversation. Following is a synopsis of her main points.