I wasn't looking for this but when I saw it I wondered. Say you woke up today after five years in a coma. Which would have performed better , The NASDAQ, DOW or S&P? All exactly the same. Up 2%.
UPDATE Jun 13 '06 5 years flat money and a stock market as nervous as a long tailed cat.
Inflation-adjusted, how do you like these results for equities? :)
ReplyDeleteRemember this when you hear people say they got killed in 2000 or 2001 but have been doing pretty good since then.
ReplyDeleteNow, what happens when $7-9 trillion in home equity evaporates? Is all the money that was going to the markets going to go to the mortgage instead?
I, like others on the blog, bought into Vanguard in March 2001. Not that much - when I dumped it last summer I was only down $2K and it could have been a whole lot more. Geez, what a gullible schmuck.
ReplyDeleteBut at least a steeper learning curve kicked in.
BTW, I enjoy your commentary from the other blog.