People are always telling me, "It seems like the market goes down so much faster than it goes up." Well, I suppose sometimes you can trust your feelings. In Daniel Kahnerman's Nobel Prize winning study on Behavioral Finance, he discovered that the stock market tends to go down twice as fast as it goes up, but goes up four times as long as it goes down. That's one reason why it is so difficult to time the market. But the time you realize we are in a decline and get out, it is usually at or near the end. But it is hard to stay invested over such a long period because it is a long and boring experience. Nonetheless, while past performance does not guarantee future results, in the famed Wharton School of Finance Professor Jeremy Siegel's book, "Stocks For The Long Run," Professor Siegel shows that over time stocks historically have tended to outperform every other investment class.

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