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S&P fell in late 2000 and returned to that peak in in 2007. S&P crashed in 2008 and recovered in 2013. 1 year is way too short a timeline. Maybe 5-10 years i
by TAForObvReasons 7y ago
S&P fell in late 2000 and returned to that peak in in 2007.
S&P crashed in 2008 and recovered in 2013.
1 year is way too short a timeline. Maybe 5-10 years is the shortest time horizon to not be worried about market timing
EDIT: what part of this comment merited the cascade of downvotes (-5 at this moment)? You can verify the first two points fairly easily, and the last line is general advice given by many financial professionals and evidenced by the first two.
- dragontamer 7y agoAnd for the Tech bubble, Nasdaq peaked at 5,046.86 on March 1999, and didn't return to that level March 2, 2015, 16 years later.
- praveenweb 7y agoFor a 50% fall, there needs to be a 100% increase to reach back the same levels and hence the timelines might be longer.
- AznHisoka 7y agoTrue, but we aren't near the peak. Most likely, you don't need to wait 5-10 years for stocks to go above the current price range. You might need to wait longer for it to return the peak, I agree.