“The Easy Money Has Already Been Made”

Check out this chart. Does it look like a good time to buy?

It’s the S&P 500 from 1932 to the middle of 1956. By looking at the chart, a lot of investors would be scared of the pattern. What would you have thought?

“It’s already gone up so much. How much higher can it go?”

“The easy money has already been made.”

“I’ll wait until things get clearer.”

“I’l wait for a pullback.”

Now here’s an S&P 500 chart through the next 25 years. The first chart is the blue rectangle.

I’m really understating the effect because the chart ends near where the bull market takes off.

Posted by on February 4th, 2018 at 3:24 pm

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