
HSBC Gain Hunter
Likes ReceivedA complete explanation of the US stock market's "Lost Decade" from 2000 to 2009.
Timeframe: Late 1999 to late 2009.
The S&P 500 price (excluding dividends) had an annualized return of -2.72%; with dividend reinvestment, the total annualized return was -0.95%, essentially flatlining.
It wasn't that the stock market failed to make money, but rather that it hit two consecutive devastating bear markets.
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