SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 41.41+2.2%Dec 5 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim McMannis who wrote (173262)3/5/2003 11:52:04 AM
From: chomolungma  Read Replies (2) of 186894
 
If you bought the DOW (Nasdaq wasn't around) at the top in 1929 it took until 1951 to get even. 22 YEARS. About a generation.

And if you had this horrible misfortune to buy at the high, you would still have a return almost 5% to the present. And remember this is without dividends which for 3 decades ran about 5% a year.

Tell me again, what's wrong with long-term investing? And please don't tell me about that hypothetical chump who sunk his entire fortune in the market just at the top.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News