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Joined: Jul 2005
Posts: 12,082 Likes: 1
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Top 10 Poster
Joined: Jul 2005
Posts: 12,082 Likes: 1 |
But there's never, in the history of the stock market, been a 12 year period that lost money. That includes the Great Depression. Meant to comment on this earlier and forgot. That's true Mike - but, as they say, timing is everything.  If you invested in September of 1929 - it wasn't until 1954 that the Dow returned to 1929 levels - 25 years. On the other hand, if you invested after the crash, you were probably doing okay by 1954. Myself? I never had anything to invest until, you guessed it, 2000. Eight years later, the market is at about the same place.  Fortunately, I never got tremendously into it........ Scott
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