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Bayside
by Gary E. Andrews - 10/19/26 09:48 PM
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Joined: Jul 2005
Posts: 12,082 Likes: 1
Top 10 Poster
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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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"Defeatist Pessimists and Rose Colored Glasses Optimists are lonely companions, victims even. Both ideologies imply predestined outcomes, and therefore breed inactivity in its victims. Inaction is the only sure way to lose at anything in life. All positive action guarantees at least a fighting chance." -Brian Austin Whitney
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