From: "Glenn Meadows" 

And in what, 3 years, 4 years, the market has fully recovered now?  I
believe it you take just about any 10 year rolling period, the market
averages over 10% growth.

The real key is to NOT take it out, but let it grow, and diversify.  Spread
your investments across multiple styles of funds to spread your risk.  NOT
to focus on one company, or one narrow segment.

--

Glenn M.
"Geo"  wrote in message news:42215890{at}w3.nls.net...
> That's good but when a market loses 77% of it's value and that value is in
> the trillions of dollars, it's a very real loss of wealth overall.
>
> Geo.
>
> "Glenn Meadows"  wrote in message
> news:4220e3bc$1{at}w3.nls.net...
>> And there were savvy investors who shorted the market during that
> downturn,
>> that made a ton of money.  My brother in law had been predicting the
>> crash
>> for at least a year before it happened.
>>
>> --
>>
>> Glenn M.
>> "Geo"  wrote in message
news:4220dbd2$1{at}w3.nls.net...
>> > "Mark"  wrote in message
>> > news:42201997{at}w3.nls.net...
>> >> All those people that saw their 401k's going up in smoke?
Other than
>> >> those
>> >> that had all company stock in Enron, etc. et al., no
one's 401k went
>> >> up
>> >> in
>> >> smoke. That's a lame argument anyway, as there is no way
that personal
>> >> accounts would ever allow such stupid single company investment
>> > allocations.
>> >
>> > Mark, in the 2000 crash the nasdaq lost 77% of it's value, that is a
> HUGE
>> > evaporation of wealth and it most certainly did hurt a lot of 401K's
>> > and
>> > other retirement investments. The 1929 crash the dow lost 89% so that
> was
>> > a
>> > little worse but not all that much. The big difference was the 2000
> crash
>> > happened slower thanks to some of the protections put into place after
>> > 1929,
>> > it kept people from panicking and making it worse than 1929.
>> >
>> >> Bottom-line: Investing with the US economy has never been
a loser in
> any
>> >> appreciable time-frame, and never will be;
>> >
>> > Tell that to the people who retired in 1999.
>> >
>> > It doesn't really matter that things always have turned around if you
> are
>> > going to be needing them before they turn around.
>> >
>> > Geo.
>> >
>> >
>>
>>
>
>

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