>> if your timeline is more than 10-15 years, why should you worry at all about recessions next year? On a long enough timeline, a recession is just a great buying opportunity.
> Did you miss 2001-2008? Or are you being purposefully deceptive.
January 2000: 11,722.98
December 2001: 10,021.57
March 2003: 7,673.99
October 2006: 11,850.21 (beating the high of 1/2000)
October 2007: 14,164.53
March 2009: 6,507.04
December 2010: 11,577.51
January 2015: 17,164.95
Here we have a 15-year period which starts at the high price before the period you "called out". What are we supposed to view the low points as, if not great buying opportunities?
(Also, it's pretty apparent that 2001-2008 doesn't make sense conceptually as a single period.)
Not sure, what to take away from this list of numbers. From 2000 to 2010 I see a lost decade, with the index back where it started. You added the note "beating the high of ...". why not add two years afterwards "beating the low of ...", etc.
I added the note to October 2006 because that was the only reason I included it in the list at all. It wasn't a high point or a low point, just the middle of a long rise. March 2009 is a low point.
