{"id":1233,"date":"2009-12-30T16:25:42","date_gmt":"2009-12-30T15:25:42","guid":{"rendered":"http:\/\/www.decisionsciencenews.com\/?p=1233"},"modified":"2010-01-11T18:53:38","modified_gmt":"2010-01-11T17:53:38","slug":"bad-decade-to-be-a-stock","status":"publish","type":"post","link":"https:\/\/www.decisionsciencenews.com\/?p=1233","title":{"rendered":"Bad decade to be a stock"},"content":{"rendered":"

AS THE DECADE ENDS, U.S. STOCK MARKETS LOWER THAN WHERE THEY STARTED<\/p>\n

\"\"<\/a><\/p>\n\n<\/col>\n<\/col>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
S&P 500<\/td>\n<\/td>\n<\/tr>\n
Date<\/td>\nAdj Close<\/td>\n<\/tr>\n
12\/31\/2009<\/td>\n1,115<\/td>\n<\/tr>\n
12\/31\/1999<\/td>\n1,469<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/tr>\n
DOW JONES<\/td>\n<\/tr>\n
Date<\/td>\nAdj Close<\/td>\n<\/tr>\n
12\/31\/2009<\/td>\n10,428<\/td>\n<\/tr>\n
12\/31\/1999<\/td>\n11,497<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/tr>\n
NASDAQ<\/td>\n<\/td>\n<\/tr>\n
Date<\/td>\nAdj Close<\/td>\n<\/tr>\n
12\/31\/2009<\/td>\n2,269<\/td>\n<\/tr>\n
12\/31\/1999<\/td>\n4,069<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

One can see from the above that the S&P 500 index is down 23% over the decade, the Dow is down 8% and the NASDAQ is down 43%! If we compute CAGRs (Compound Annual “Growth” Rates), we could say the S&P lost about 3% per year, the Dow lost about 1% per year, and the NASDAQ lost about 6% per year. Hooray.<\/p>\n

However, it’s likely you didn’t lose as much as these indices did. You probably have money in bonds or bank accounts that didn’t go down. If you held international (sorry, popular non-US) stocks, you probably came out ahead. Also note that looking at just a single window like this gives a biased view (so called end-point bias<\/a>). If you want to search hard for other reasons to feel good<\/a>, see this comment on why it wasn’t a lost decade<\/a>.<\/p>\n

Photo credit: http:\/\/www.flickr.com\/photos\/stevendavidjohnson\/4141860344\/<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"

AS THE DECADE ENDS, U.S. STOCK MARKETS LOWER THAN WHERE THEY STARTED S&P 500 Date Adj Close 12\/31\/2009 1,115 12\/31\/1999 1,469 DOW JONES Date Adj Close 12\/31\/2009 10,428 12\/31\/1999 11,497 NASDAQ Date Adj Close 12\/31\/2009 2,269 12\/31\/1999 4,069 One can see from the above that the S&P 500 index is down 23% over the decade, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[16],"tags":[],"class_list":["post-1233","post","type-post","status-publish","format-standard","hentry","category-ideas"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4LKj-jT","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1233"}],"version-history":[{"count":14,"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1233\/revisions"}],"predecessor-version":[{"id":1281,"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1233\/revisions\/1281"}],"wp:attachment":[{"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.decisionsciencenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}