arch57
Recycles dryer sheets
- Joined
- Dec 14, 2013
- Messages
- 110
Like most of us here I track investment returns each month and at interim points in Excel. The highs on 7/12/19 were 17.2% for DJIA and 20.2% for S&P 500 which seem eye-popping.
However, I was wondering why my total NW wasn't as impressive given these market highs. Looking back at the highs in 2018 (10/3 for DJIA and 9/20 for S&P) the returns from those highs are only 1.9% and 2.8% respectively.
So yes very thankful the markets have recovered from that bad stretch in Q4 of 2018 but it goes to show you how the "numbers" can be deceiving. Long term averages are the best way to look at markets.
However, I was wondering why my total NW wasn't as impressive given these market highs. Looking back at the highs in 2018 (10/3 for DJIA and 9/20 for S&P) the returns from those highs are only 1.9% and 2.8% respectively.
So yes very thankful the markets have recovered from that bad stretch in Q4 of 2018 but it goes to show you how the "numbers" can be deceiving. Long term averages are the best way to look at markets.