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I honestly don't remember how much I "lost" October 6–10, 2008 or February 24–28, 2020. I certainly won't remember how much I "lose" in the next crash. What I
by steelframe 2y ago
I honestly don't remember how much I "lost" October 6–10, 2008 or February 24–28, 2020. I certainly won't remember how much I "lose" in the next crash.
What I do know is how many shares I still hold of a broad range of companies with a track record for growth today and how much they've collectively risen in value between October 5, 2008 and May 11, 2024.
- solumunus 2y agoIn a historically unprecedented bull market juiced by low interest rates and quantitative easing.. What’s your point, that crashes are weak sauce? Look at historic charts and find examples of crashes that precede decade plus periods without being back in black. Unless you’re old it’s almost inevitable that at some point you’ll have your cash to remember.
- jmathai 2y agoI think the point OP was making that you can look at the economy over any 10 year period and it will have grown. That crashes are mere blips.
- kleene_op 2y agoWhat about the lost decade of the 2000s?
- deleted 2y ago[deleted]
- solumunus 2y agoYou’re incorrectly conflating the economy with the stock market. Ignoring that, OP was very clearly talking about their portfolio returns. There are many historic examples of 10 year periods in equities markets where you would have broke even or lost money.