Z: Zooming Stock Market *90's Pop Culture Favorites* #AtoZchallenge
Can the stock market be considered to be part of pop culture? Well, when it's as fun as it was in the 90's, I say yes. Imagine a time when opening your latest 401k statement was a joyful event rather than something you did with one eye closed and the other tensed and ready to join its partner should the numbers be even worse than expected.
Using the S&P 500 as an index, the 1990's experienced only one year of negative returns (and that only -3.1%) with 3 years at over +20%, and another 3 years at over +30%! 1999 ended with a ten-year annualized return of a phenomenal +18.21% Compare that to the following decade, which ended at an annualized -.95%.
Thirty percent+ annual returns seemed mythical for a long time after the 90's, but fret not---2013 saw that level once again, and even with all the miserable returns during the new millenium, the market's 25 year annualized return is above 10%. We'll just ignore what's been happening so far this year... #LongTermBaby
Using the S&P 500 as an index, the 1990's experienced only one year of negative returns (and that only -3.1%) with 3 years at over +20%, and another 3 years at over +30%! 1999 ended with a ten-year annualized return of a phenomenal +18.21% Compare that to the following decade, which ended at an annualized -.95%.
Thirty percent+ annual returns seemed mythical for a long time after the 90's, but fret not---2013 saw that level once again, and even with all the miserable returns during the new millenium, the market's 25 year annualized return is above 10%. We'll just ignore what's been happening so far this year... #LongTermBaby
CONGRATULATIONS on completing the 2014 A to Z Challenge,
and thank you, THANK YOU to our illustrious hosts,
Comments
I didn't add a closing statement, either. Hmm... might go do that!
CONGRATS!
Lee
Wrote By Rote
An A to Z Co-host blog
Your theme was a fun walk down memory lane, Nicki!
True Heroes from A to Z
Where Legends Begin
Your theme has been fun! Congratulations on completing the Challenge.
Nice.
You did a fantastic job with the challenge this year, my dear. I really enjoyed your posts, as I suspected I would. :)
Glad to see you at the finish line of the A to Z.
Best,
Deb@ http://debioneille.blogspot.com
Thanks for stopping by at mine during the challenge xx
Congrats on completing the challenge! YAY!!!!
I Know I'm not posting a new intro for a while... LOL... I'm pooped!
Enjoy some well-deserved zzzzzzzzz....