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Investing for the long term

Posted on 8/5/11 at 10:51 am
Posted by eelsuee
2B+!2B
Member since Oct 2004
4504 posts
Posted on 8/5/11 at 10:51 am
LINK
Look at the link and view the DOW on the "All" setting. Just eyeballing it, it appears that the if you averaged everything that has happened since 1999, the results would be no better than 1999.

If you are a diversified buy and hold investor whose whose stock portfolio follows the DJIA, your stocks would have seen almost no gain over the past 11 years. Plenty of AAA bonds have taken a beatdown as well with the mortgage crisis, not to mention GM and Lehman.

Was this just a bad decade or have the rules changed? Can you still expect gains as a hands off in it for the long term investor?
Posted by tigerskin
Member since Nov 2004
41083 posts
Posted on 8/5/11 at 11:46 am to
nobody knows.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 8/5/11 at 11:55 am to
Your page doesn't include dividends.

LINK

Adjusted close on 8/4/2011: 11,383.68
Adjusted close on 1/4/1999: 9,358.83

Still not great but it could be worse.
Posted by Blakely Bimbo
Member since Dec 2010
1183 posts
Posted on 8/5/11 at 12:57 pm to
Another question to ask is how many people are making the same or less than the amount they made from employment in 1999? Nominal and inflation adjusted.
This post was edited on 8/5/11 at 12:58 pm
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