I am so confused, I get the market and the economy are different

[progree]

11. The market always eventually comes back, umm, it took 16 years for the Dow to get back to

where it was in 1966.

It took it 25 years to get back to where it was in 1929.

The Nikkei is still down about 40% from where it was at the end of 1989, 30 1/2 years ago, but some day, some day, it will be back to where it was.

(Some people say that, well, Japan is different, it's far away, they are different and all that. Well, consider that, at least post-WWII, they've never elected an evil madman and self-proclaimed debt king)

I have a longer version of this at https://www.democraticunderground.com/11212311

it's just a matter of living long enough and not needing to withdraw your money in the meantime. : sarcasm :

I've long posted here many many times about the superior record of equities (including recently in this subthread about the supposed "safety" of gold ), and for buy-and-hold, buy-and-hold.

But I've always kept in mind that it's not a sure bet either (i.e. that recovery times after a crash will be only a few years).