2 ms·
The statement about 1965 is not correct if you take into account dividends. The longest periods of being down (in real terms) is 1973-1985, 2000-2013, 1937-1945
by sega_sai 3y ago
The statement about 1965 is not correct if you take into account dividends. The longest periods of being down (in real terms) is 1973-1985, 2000-2013, 1937-1945, 1916-1925
( https://observablehq.com/@tcgarvin/shiller-sp500 https://observablehq.com/@tcgarvin/shiller-sp500 )
- tdullien 3y agoI graduated from high school in 2000, and sold my first company to Google in 2011, insisting on cash and not stock given the performance of the market through my entire adult life ;)
- bombcar 3y agoThe brilliant play is to be like the elves and say both yea and nay. 50/50 and either way you can look brilliant!
- nkurz 3y agoThank you for the correction. I had mistakenly thought that the chart was total returns rather than just index price, but looking closer I think you are right.