3 ms·
> it took 14 years for s&p 500 to break even if you bought it in 2000 Not if you had a modicum of bonds and rebalanced: * https://www.forbes.com/sites/advisor
by throw0101d 3y ago
> it took 14 years for s&p 500 to break even if you bought it in 2000
Not if you had a modicum of bonds and rebalanced:
* https://www.forbes.com/sites/advisor/2010/09/13/its-not-really-a-lost-decade/ https://www.forbes.com/sites/advisor/2010/09/13/its-not-real...
Or if you had international stocks.
This myopia of many Americans to only look at the S&P 500… words fail me. Sheesh. Try some diversification (peer-reviewed citations in description):
* https://www.youtube.com/watch?v=1FXuMs6YRCY https://www.youtube.com/watch?v=1FXuMs6YRCY
- Cthulhu_ 3y agoBuying S&P 500 trackers is considered diversification though, since... 500 companies instead of one or two. "Sheesh".
- throw0101b 3y ago> Buying S&P 500 trackers is considered diversification though, since... 500 companies instead of one or two. "Sheesh". Except all your assets are in in one asset class (equities) in one country (US). Ask the folks in Japan who were around in 1989 how that can work out.