Quote:
Originally posted by FATPad
Based on the S&P 500 (which is a fair representation of the market), since 1926 there has never been a 15 year or 20 year cycle where stocks lost money or broke even. They always gained over those time periods.
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The late 90's brought on a lot of "firsts" for the stock market, what other times other than obvious (Black Friday - 1929) has the stock market had as much gain as we have had (or anywhere near), followed by almost the same loss during a few years time span?
There isn't a historical financial scenario that compares to what we have just went through, what we are still going through for that matter.