Sunday, October 10, 2010

Ten Years Of Zero

I've posted about the "boiling frog" a few times in the past.  The chart below really sums it up.  If I "Jay-walked" and stopped the average Joe on the street and asked them what % the Dow Jones Industrial Average has gained in the last 10 years, I would bet that over 90% of the people would respond with a positive number....probably a very positive number.  This chart is more evidence that the "buy and hold" strategy died a decade ago.

Dow Jones Industrial Average - Last 10 years

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