04-30-2015, 07:44 AM
I did some more Googling this morning trying to answer the question. Of course, still bombarded with recent history but I did find one unrelated nugget.
Yes, truly astonishing. That's an 18 year period at 15% growth and it included the 1987 crash.
When things came crashing down in 2000-2001 I said to myself I'll never see that again in my lifetime. I think I may be right.
Quote:From the market bottom in 1982 to the peak in 2000, the S&P 500 increased by an astonishing annualized rate of 15% in nominal terms.
Yes, truly astonishing. That's an 18 year period at 15% growth and it included the 1987 crash.
When things came crashing down in 2000-2001 I said to myself I'll never see that again in my lifetime. I think I may be right.