[03/03/15] Told ya the Nasdaq was a buy at 5000.
OK, so it took 15 years, two presidencies, a couple of wars, a tech bubble collapse, a massive terrorist attack, a global financial crisis, and the rise and fall of reality TV. But hey, we're in for the long haul, right?
Our fathers' fathers, who purchased an equivalent of the Dow Jones Industrial Average at the peak of the market in September 1929, had to wait 25 years, until November 1954, before it recovered its Roaring '20s high. Times were tougher back then.
The world is much different even than it was in March 2000, when the Nasdaq last...
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