If you invested in the s&p in year 2000, you wouldn’t seen any significant gains for over 13 years…
I was just going over the history of the s&p500.
This isn’t like amazing news it’s just something I noticed.
From the year 2000-2013 (more like 1997-2013) there gains from the s&p were basically nil.
I’m hearing a lot about the US dollar crashing, the debt crisis, companies being WAY over valued etc etc etc
Gold is up. Bitcoin down. Nobody knows where to go.
Idk the future, all I know is that the general rule by people much smarter than me is that it’s hard to beat a stand s&p fund long term.
I know 1997-2013 is “only” 16 years…but I mean, holy shit….
That’s a lot of potential gains to miss out on if you sat your money there for almost 2 decades.
Idk the future but Idk why this couldn’t happen again.
The stock market has been really good to us the last decade, but shit if I put my $ somewhere for 16 years and see a flat line.
Just something I’m thinking about as I see (again) people much smarter and better investors than I all saying the same shit which is basically they’re drastically pulling out of American ANYTHING and or just hoarding cash.
Just a funny observation that you always hear to simply lazily put money in the s&p but if you did that from 1997-2013 i’m not sure you’d be doing all that great.
I guess that’s why they say TIME IN the market…
Putting money in to only use when you half dead to survive and pay medical expenses as you cripple your old ass along is a poor selling point for a lot of people, even worse if you just started in 2000 and plan to retire at in 10 years, you wouldn’t have gained SHIT lol.
Just something I’m thinking about.