4 ms·
If you bought in at the 2000 peak, it took about ten years to break even, and you'd have to have kept holding it through the 2008 crisis when you might have bee
by jbay808 4y ago
If you bought in at the 2000 peak, it took about ten years to break even, and you'd have to have kept holding it through the 2008 crisis when you might have been losing your house.
Also, there were a lot of other companies that people believed in that didn't fare so well.
- _vdpp 4y agoMost people don’t save a bunch of cash and then dump it all in the market at once, though. Continue to invest in diverse assets throughout downturns and you’ll be fine.