Red Badger
Thinks s/he gets paid by the post
The 30th anniversary of Black Monday. Like most, I followed that sage old investment advice... Don't just stand there, do nothing!!!
YMMV
YMMV
Wow, the annual return of the Dow from 10/19/1987 to 10/19/2017 has been about 9%.
It would be amazing if on 10/19/2047 we also had a 9% return but I don't see it being anywhere close to that. Maybe 5% if we are lucky.
I bet there will be a relief effect tomorrow and everyone will be buying what they were afraid to buy today.