If you put down $1 million in 1999 to buy S&P stocks and hold, you are much much much worst off than putting the $mil into real estate outside of Detroit. How's that a good thing?
Such parallel has been told by many and these charts confirm their fear. However, unlike Nikki, S&P had its own lost decade before the great Oct 2007 to Mar 2009 crash.
Buy and Hold Isn't Dead Yet [View article]
For the Bears: 1991 Nikkei Redux [View article]