4 ms·
An index fund by definition just tracks an indicator. You don't have leave the USA to see a long-term decline; the Nasdaq is currently below its Feb 2000 peak.
by sgustard 8y ago
An index fund by definition just tracks an indicator. You don't have leave the USA to see a long-term decline; the Nasdaq is currently below its Feb 2000 peak. All index-fund investing advice includes diversification across several asset clases. (Insert plug for https://research.wealthfront.com/whitepapers/investment-methodology https://research.wealthfront.com/whitepapers/investment-meth...)
- rfinney 8y agoNasdaq composite was 4698 in Feb 2000. Currently it is 6584. ( see here : https://finance.yahoo.com/quote/%5EIXIC/history?period1=946702800&period2=1546059600&interval=1mo&filter=history&frequency=1mo https://finance.yahoo.com/quote/%5EIXIC/history?period1=9467... )
- sgustard 8y agoYou're correct, but its inflation-adjusted Feb 2000 peak was 6970. Source: https://www.macrotrends.net/1320/nasdaq-historical-chart https://www.macrotrends.net/1320/nasdaq-historical-chart