Thursday, October 16, 2008

Dow Jones Industrial Average (1900 - Present Monthly) - StockCharts.com


Dow Jones Industrial Average (1900 - Present Monthly) - StockCharts.com

I thought this was interesting, a graph of the Dow Jones Industrial Average over the last 100+ years. As you can see the market continues to climb upwards while stumbling every so often. Only one decade during this period had a negative return (-49%) and that was the 1930's known as "The Great Depression". However from a low of 41.22 in 1932 to a high of 194.4 in 1937 the DOW ran 371%. That's why it is important staying invested for the long haul and not trying to time the market. Is this decade turning into a decade similar to the 1930's or possibly 1970's where we went sideways for a decade with a total return of 5%, who knows? So far we are down for the decade but I suspect over the next 10 to 20 years we will see that graph higher.

Your Thoughts

STOCKMANMARC

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