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re: Tech crash is picking up steam. Nasdaq down over 1,000 points in the last 8 days.

Posted on 4/20/24 at 3:28 pm to
Posted by slackster
Houston
Member since Mar 2009
86968 posts
Posted on 4/20/24 at 3:28 pm to
quote:

But if you look at “history” there have been long periods where stocks basically did nothing or even declined. Few people investing today have experienced that.


Plenty of prolonged downturns but still money to be made in those stretches for investors. Many can cite the stretch ending in April 2009 as a decade of declines in stocks, but if you were diversified and rebalancing along the way you did well enough. Importantly, it was also the start of the longest bull run in history. I guess it’s all perspective and having a real plan.
This post was edited on 4/20/24 at 3:34 pm
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
73181 posts
Posted on 5/15/24 at 8:56 am to
quote:

bull run


Call it by the correct name.

Manassas.
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