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Reply to "Honestly the complete disregard for GenX financial strain is getting old"
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[quote=Anonymous][quote=Anonymous]the 2000-2010 period was a great time to invest. Bear markets are your friend. [/quote] You don't understand the concept of lost decades, the whole point is that investing over that period is essentially the same as starting investing in 2010. So all the stocks that GenX bought dropped. The "lost decade" (2000–2009) refers to a period where the S&P 500 delivered negative or near-zero total returns. A $100,000 investment in the S&P 500 on Jan 1, 2000, would have resulted in a loss, with the index averaging a −0.95% annualized return. [/quote]
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