maybe we can chase the bear back in the woods
Hi FireBird,
Like the old caddie joke, when the (bad) golfer asks him, "... do you think I can get it to the green from here with a five-iron?",
to which the caddie replies, "Eventually".
I've got a DOW30 study run that starts Oct-1928. Even with continuous contributions added,
it goes red in Sep-30,
runs out of reserves by Sep-31,
is down 72% by Jun-32
and doesn't return to the black until Oct-35.
And that's as if anyone would have had any $$ for contributions during those years. But things are different now. (?)
-sl
note: The dollar cost averager was still -12% by '35.