Highest month end price in 1990 vs lowest in 2009 is still 2x growth for s&p 500, which is less than 6300, but not as bad as one might think the crash was. From then on if you wait 3 years you pretty much double it again.
Of course the rich people who could afford to invest in 2009 have now 10x’d their investment. Most of us can’t really do that (invest during a downturn) unfortunately.
Highest month end price in 1990 vs lowest in 2009 is still 2x growth for s&p 500, which is less than 6300, but not as bad as one might think the crash was. From then on if you wait 3 years you pretty much double it again.
Of course the rich people who could afford to invest in 2009 have now 10x’d their investment. Most of us can’t really do that (invest during a downturn) unfortunately.