4 ms·

Which index? The DAX is above 12000 now and never exceeded 8000 around 2000. And this does not even include dividends.

• whatever1 6y ago
  Check the stoxx 50 index to get an average view of the european industry. It has been flat for decades. If you go to particular countries the image is much much worse. For example if you had your money in the Italian stock market since 2000, by now you would have less than half (inflation not accounted).
  • catern 6y ago
    That's really interesting. I wasn't aware of this. Thanks for sharing this. Stock indices ideally approximate taking a share of "the whole economy". What's your explanation for why this (seems to) not work in Europe?
    • whatever1 6y ago
      Probably because we give all of our money to our govs to manage, so no free cash for us to play in the "predict the most profitable company" casino.