Personal Finance and Investing

progree

(11,463 posts)

12. I survived the 1987 crash, the dotcomm and the housing bubble crash, and after each crash, the stock

Tue Jul 30, 2019, 09:53 PM

Jul 2019

market goes on to new all time highs. (And never to new all time lows). So yes, it's been profitable in the short run as well as long run. I guess you missed my example of Vanguard's S&P 500 index fund (VFINX) since 1976. I can tell you what the results at any date are after that too.

For example, from 1/1/1990 to 7/1/2019, VFINX went up 16.07 fold, including reinvested dividends.

Neither my parents nor I were investing 100 years ago, nor in 1928 either (91 years ago according to my math), but we've done just fine.

"Enjoy the ride while it's still exciting."

Hope you don't run out of money in retirement. The odds being higher for those who earn virtually nothing in the money market funds vs. those who are invested mostly in equities. Even bonds are better than money market funds.

EDITED TO ADD: results of VFINX from 1/1/1990 to 7/1/2019

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How Different Generations Think About Investing [View all] NeoGreen Jul 2019 OP

The millenials customerserviceguy Jul 2019 #1

And of course you've lost out completely PoindexterOglethorpe Jul 2019 #2

I probably would have lost customerserviceguy Jul 2019 #3

"but never makes new lows. At least not since 1933." progree Jul 2019 #4

Ahhh, thank you. I had only ever looked at the Dow since the 1920s or so. PoindexterOglethorpe Jul 2019 #6

S&P 500 has made 218 all-time highs since 2013 progree Jul 2019 #5

Thank you for that. PoindexterOglethorpe Jul 2019 #7

Sounds like anybody getting in now customerserviceguy Jul 2019 #9

Nobody thinks it's a "sure thing" who knows anything about it. progree Jul 2019 #10

Anybody who had a hundred dollars customerserviceguy Jul 2019 #11

I survived the 1987 crash, the dotcomm and the housing bubble crash, and after each crash, the stock progree Jul 2019 #12

Well, the dot-bomb customerserviceguy Jul 2019 #13

Had you kept the money invested, you would be doing quite well progree Jul 2019 #14

Like I also think I said customerserviceguy Jul 2019 #15

If you don't need to draw upon your savings/investments in retirement, then fine. progree Jul 2019 #16

My plan is to withdraw customerserviceguy Jul 2019 #17

Do you have to take required minimum distributions (RMD's) on your IRA progree Jul 2019 #18

Not yet, will be 64 later this year customerserviceguy Jul 2019 #19

The Roth IRA makes sense in any tax bracket progree Jul 2019 #20

+1 CountAllVotes Jul 2019 #8