Wednesday, February 16, 2011

Happy 100% Day!

Today, the S&P 500 closed at 1336.72.  What makes that so special?  It is more than double of what the S&P 500 was at it lowest point during the height of the financial crisis.  On March 6, 2009, the S&P bottomed out at 666.79.  If you stayed the course and continued to keep your stock investments, you would have doubled your money from the low point.  However, if you decided to bail out of the market at the point (which people did in droves), you would have missed out on a phenomenal gain!

No comments:

Post a Comment