|Dow Jones Industrial Average - Last 10 years|
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.