Monday, October 5, 2009

Is it safe to go into the market now?

After the stock market crash of 1929, there were 8 rallies over the next 3 years, but by 1932, the stock market was down 90%, and did not recover to its 1929 highs until 1954. Currently, investors who have been in the market prior to 2000, have not actually made any money. We are where we were in 2000. You would have been better off in bonds or CDs. The link below to an article in the LA Times, makes some of the same points that are going to be examined in "Heist."

http://www.latimes.com/news/opinion/la-oe-queenan4-2009oct04,0,7087143.story

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