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That makes it look like you would have lost money if you’d put it into those indices. Looking more closely (I only bothered with Nikkei), that seems unlikely. C

That makes it look like you would have lost money if you’d put it into those indices. Looking more closely (I only bothered with Nikkei), that seems unlikely. Compared to the full year average for 1989, it’s only down 15 percent. Or zooming even further out, it’s nearly double the eighties average today. If a peak is short lived enough, it’s unlikely to strongly affect people investing steadily. It would be interesting looking at the peaks of 1/5/10 year averages that contain the actual peaks.

chasebank 5y ago
My point still holds true. Down 15 per over 32 year period and inflation of the Yen is down 16%. This is one famous example of how speculative investing ends poorly. 3 decades of flatline at best. Look up Japanese lost decade. It's fascinating to read about and the eerily similar to current day US. [1] https://www.inflationtool.com/japanese-yen/1989-to-present-value https://www.inflationtool.com/japanese-yen/1989-to-present-v...