Random Musings wrote:Someday, this thread will be right. Perhaps Goldman has lit the bears fire........
"Now, here, you see, it takes all the running you can do, to keep in the same place."--the Red Queen, in Through the Looking-Glass and What Alice Found There.
$10,000 invested in Vanguard 500 Index a year ago is worth $10,680.68 yesterday. With today's 2.2 drop, probably about $10,400 today.
For the last year, it has taken the stock market all the "free falling" it can do to stay in the same place.
Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.