If you bought the stock market and held for the 1929 crash, it was not until November 1954 before the Dow exceeded the 1929 high. That was 25 years and 2 months.
In the case of gold, it took until January 2008 to exceed the 1980 high. That was 28 years to wait and then this is only in nominal terms, Adjusted for inflation and in both cases it was much longer and in gold it still has not exceeded the 1980 high.
So, if you are buying and holding your investments within your IRA, 401k, retirement plan, or brokerage account, we wish you the best through the next decline. However, if you would like to preserve what you have built until now, we can help with any of our subscriptions
InterAnalyst has been serving over 500,000 investors globally since 1990. Authoring hundreds of financial articles, publications, and thousands of buy and sell trading charts. Mr. Nespoli’s Premier Bull & Bear blog is been read by more than 500,000 investors globally.