Quote:
Originally Posted by mathjak107
those were the worst ones , we had other down years and the last 20 years they say they are every 7 -8 years . 1987 was a bad one , 1994 was down, 2001 down , 2008
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'94 was not a bad year for stocks. There was a little dip in the first part of the year but if you blinked you missed it. Bonds had a bad year, but not stocks.
1987 was actually a positive year, but of course we had Black Monday on Oct 19 that everyone still remembers.
IMO, trying to catch these short-term corrections is not worth it. I only care abut the secular bear markets, the ones where you lose ground or make almost nothing for 10+ years. These are pretty rare, with the most recent one starting in year 2000.