By JLP | July 30, 2012
I saw this on facebook this morning and thought I would share it. This particular graphic comes from a JP Morgan Report. Take a look at how long sideways markets can last:
• 1906 – 1924
• 1937 – 1949
• 1966 – 1982
• 2000 – present
Bottom line: they can last a long time.
Granted, these are price returns, which do not include dividends. Nor do they factor in dollar cost averaging, which most of us are utilizing as we save for retirement. So, it’s not all bad (I hope).