People invest in houses and live in them 10 years or more , and carefully chosen stocks should be looked at the same way , especially since historically the stock market has returned more than 10 percent a year , said Ted Pennock , executive vice president of Gage-Wiley & Co
.Inc. in Northampton.
I have clients whose portfolios went up 150 percent over five years , Pennock
said.They say , 'Yes , we lost 15 percent last year , but so what?'.