Quote:
Originally Posted by randallscott35
God Almighty, the idiocy around here never ends. Maybe some charts of the past month will do you well.
http://market-ticker.org/cgi-ticker/...lepost=2198444
" (Never mind that priced in dollars when adjusted for the debasement, they're not actually going up at all.... and your salary sure as hell hasn't gone up 7% in the last month either. Incidentally a 7% monthly rate compounded over the year implies a 225% annualized inflation rate, which is the gain you'd have to have in your salary to keep pace with this crap.)" |
Just so my simple mind understands- You are saying that if I had put $1000 USD in the S and P 500 on March 9, 2009 and cashed out yesterday, I would have lost money. Is that right?