On March 23, 2015 the Dow was just over 18,000. Five years later the Dow was almost exactly unchanged at 18,591. Stock market investors spent five years without making any money while bonds, gold, real estate, and crypto soared. Stocks were the worst investment. Amidst pandemic, people sold huge amounts of stock in March 2020. Then, the Dow rallied almost 40% in 9 weeks. Pain! Perhaps worse than the losses, is the fact that stock market may be teaching us the wrong lesson.
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| Time to leave your equity wingman? |
