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Reply to "Dow below 40000 by end of the year "
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[quote=Anonymous]Very few people invest in the Dow, so it's a stupid index to track. Total stock market, S&P 500, or maybe total world would be a more appropriate index to follow if you want to go on an emotional roller coaster. Why even follow this nonsense? You are more prone to underperform the market when you get emotional about investing. We are only - 5% YTD! This is nothing! If you can't take a -50% hit, you likely need to change your asset allocation in a big way. You should also be able to withstand 10+ years of negative returns, especially if you don't have international or emerging markets stocks in your portfolio.[/quote]
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