Japan's Lost Quarter Century - Could It Happen to the U.S.? [View article]
The claim quoted within this article that states "As an aside I saw an interesting comment on Realmoney.com Monday. A commentator said if you use the 1966 HIGH and adjust for inflation the stock market is up 35%.... i.e. less than 1% annualized from the 1966 high" is incorrect. Before you post and propagate incorrect information to make your point, please check the facts!
The real returns data for the DIVIDEND REINVESTED S&P 500 from the 1966 high was 4.7%. Dividends count... they are paid to us and they are money. The commentator clearly left them out and Trader Mark didn't even bother to check. Just shouting what another fool shouted. Fire... there's a fire!
Japan's Lost Quarter Century - Could It Happen to the U.S.? [View article]
The real returns data for the DIVIDEND REINVESTED S&P 500 from the 1966 high was 4.7%. Dividends count... they are paid to us and they are money. The commentator clearly left them out and Trader Mark didn't even bother to check. Just shouting what another fool shouted. Fire... there's a fire!