Friday, June 06, 2008

Complain all you want....

So the Stock Market took a beating today, WHO CARES? If you listen to the media, everyone should, but if you look at the history of the Stock Market, you see a much brighter outlook than some media outlets would have you believe.

If you look at the following images taken from Google Finance, you will clearly see that the US Stock Market is where you want to invest your money.

First the bad news from today:

Obviously no one wants to see this. But let's look at the bigger picture.

One Year:

OUCH! Much worse. I'll stick with the 2.5% loss from today, thank you very much.

But what happens if we go back and look a little further in the past?

Five Years:

Looking a bit better, huh? I'll take a 35% INCREASE any day.

But what happens if we go back even further? Let's go back to 1970 and see what the Market has done since then...

WOW! Does that REALLY show a 1417% INCREASE??? Let's hear it for the US Economy! Nothing to panic over, and certainly not a reason to sell all your stocks. In fact, with the dip in the market today, just look at it as a sale. Now go buy that stock you've been eyeing up recently; it's probably cheaper today than it was yesterday.

I hope in 30 years when I'm ready to retire, I can look back on today as just what it is, a minor dip in the market.

I'm no expert, and don't make my living buying or selling stocks, but this seems like a no-brainer to me.