wondering wrote:
Ghost of Igloi wrote:
A history lesson:
“Here’s an unpleasant full-cycle calculation. Within the 80-year period from 1929 to 2009, the S&P 500 took three long, interesting trips to nowhere, accounting for 53 of those years (1929-1945, 1959-1982, and 1995-2009), underperforming risk-free Treasury bills after all was said and done.”
—John Hussman
What happened in the other years?
What will happen over the next ten yeasrs is the more important question? Perhaps you will be "wondering" what happened to your investments once it is too late.