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?
Thanks for the listing...it has been a wiped out for big caps...what's not shown are similar bloodletting for mid & small caps as well. Only shining stars are oil/services and TIPs.
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sym Today <---> Peak(Oct-07) <---> Low(Mar-09) <---> YTD Change
dow 8447.53 <---> -40.36% <---> 30.57% <---> -3.74%
nas 1835.04 <---> -35.82% <---> 45.00% <---> 16.36%
spx 919.33 <---> -41.26% <---> 37.87% <---> 1.81%
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