Just some interesting stuff to think about.
The Dow Jones Industrial Average peaked at 386 points in September 1929.
Then came the crash.
The Dow did not see 386 again until November 1954!!!
25 years.
How many of you knew that?
In September 1987, the Dow peaked at 2667.
Then came the crash.
The Dow did not see 2667 again until May 1990.
A little more than two and a half years.
In January 2000, the Dow peaked at 10,940.
Then the dot com bubble popped.
The Dow did not see 10,940 again until February 2006.
Almost exactly six years.
A year and a half after that, the Dow peaked at 14,093 in October 2007.
Then came the crash.
The Dow did not see 14,093 again until February 2013.
Just under five and a half years.
Here is a Dow Jones interactive chart where you can check my numbers and dates: Dow Jones Industrials Average Interactive Chart - Barchart.com
Check out the far right end of that chart.
Gtard5000 is so dumb that he failed to calculate DIVIDENDS in his doomsday scenario. It's common with Covfefe-16 sufferers- they can't do "MATH".
Total return with dividends reinvested for the period of Sept 1929 until November 1954 was 287% or 5.529% annualized
Hey dumbshit. Every bit of those gains were from the postwar period.
Plug September 1929 to March 1945 in your little calculator.
Get back to us on that, mm-kay?
I didn't say it was great nitwit. Another fact you omitted is that most people do not hold strictly equities, they have bonds too. A balanced portfolio of 40% bond and 60% stocks held up very well in both periods.Wow. You think 2.94% is a great ROI!?!?Total return with dividends reinvested for the period of Oct 2007 until February 2013 was 16.72% or 2.94% annualized[/SIZE][/B]
What a dumbfuck.