Highest month end price in 1990 vs lowest in 2009 is still 2x growth for s&p 500. From then on if you wait 3 years you pretty much double it again.
Of course the rich people who could afford to invest in 2009 have now 10x’d their investment. Most of us can’t really do that (invest during a downturn) unfortunately.
However, if you’d invested 2500 in 1990, it would be worth more than 6300.
in an s&p500 index fund, a hell of a lot more.
nasdaq100… just wait a couple of months
Just as long as you didn’t have an emergency or retire in 2008 or the 10 years it took to recover
Highest month end price in 1990 vs lowest in 2009 is still 2x growth for s&p 500. From then on if you wait 3 years you pretty much double it again.
Of course the rich people who could afford to invest in 2009 have now 10x’d their investment. Most of us can’t really do that (invest during a downturn) unfortunately.