Share
210 Posts.
lightbulb Created with Sketch. 27
clock Created with Sketch. 13/05/22
07:14
Share
Originally posted by ContraryJ:
↑
For those that think this will be fast once inflation is under control here is something to think about in 2000 The Nasdaq composite reached $5068.42 it fell as low as $1384.00 in 2003. It did not reach 5000 again till 2015 when it hit 5218.86. Until you are invested during a couple of these thigs it is realy hard to appreciate what will happen. Historically they happen about every 6 to 7 years It has been 15 years since 2008. Many believe this will be lower in price and because it has been the longest bull run ever and largest % increase and time.
Expand
Amazon and Nasdaq? At least use some relevant indexes to make the point - ASX200 in 2000 would tell a different story. Maybe Cisco or Dell would be more relevant examples but you'd also need to look at the PE of those in 2000 - around 300x.
(20min delay)