pelican

S&P 500 Price Growth: 1927-Aug 2008

SB-tiger,

The S&P 500 has risen 11 fold since 1980 so I don't agree with you that equity investing has been "a complete scam". I read somewhere that over 80% of all five year periods dating back to the Great Depression has seen the market ahead; over 95% for ten year periods. We are experiencing a second major bear market in just the past eight years, something not too common, so the last ten year period is unusually terrible. I see further downside too, perhaps below 1000 on the S&P, but I plan to go shopping again at some point.