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From today's LA Times:
"With the S&P 500 index down 52% from its peak, it would have to rise 108% just to recoup its losses."
Time is on our side. After the Great Depression, stock values eventually multiplied by the tens. I'm not taking anything out of the stock market. Nope. Leave it all there. By the time I'm seventy or eighty, I'll be super-wealthy!
The article ended:
"The mood is that 'the stock market only has one direction now, and that's lower...Why buy today if you can buy it cheaper tomorrow."
Sounds like a plan. When do the tomorrow's end and that other, always better, future begin?
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