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Letsgodiving · 28 February 2020, 08:18 AM

I believe the 2000 dot com collapse was close to a 50% decline for the S&P and the 08-09 great recession was a little over 50%. Having been through both of them I am not anxious for another but I learned long ago that I can not time the market so I just buy and hold and have faith in the American economy for the long term. What is the alternative?

28 February 2020, 08:18 AM	#26
Letsgodiving "TRF" Member Join Date: Jul 2007 Real Name: Mike Location: Virginia, US Watch: SD 16600 Posts: 4,309	I believe the 2000 dot com collapse was close to a 50% decline for the S&P and the 08-09 great recession was a little over 50%. Having been through both of them I am not anxious for another but I learned long ago that I can not time the market so I just buy and hold and have faith in the American economy for the long term. What is the alternative? __________________ The fool, with all his other faults, has this also - he is always getting ready to live. - Epicurus (341–270 BC)