tag:blogger.com,1999:blog-14245531.post8719149425612038739..comments2023-11-18T01:21:55.631-05:00Comments on My Open Wallet: The Comeback CalculatorMadame Xhttp://www.blogger.com/profile/11536189690094235926noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-14245531.post-71641474365552312092009-02-03T13:54:00.000-05:002009-02-03T13:54:00.000-05:00I'll rebound quickly, but only because I never was...I'll rebound quickly, but only because I never was all that high to begin with. Even if the market stays absolutely flat, my contributions would rebound me this year.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-701094493280397072009-02-03T13:18:00.000-05:002009-02-03T13:18:00.000-05:00Moom is correct. The historical data does in fact...Moom is correct. The historical data does in fact show that markets can easily rebound as dramatically and quickly as they declined. The S&P 500 Total Return Index declined 22% in 2002, its worst year (until 2008) in decades, but then rebounded 29% in 2003. In 1995, it went up 38%, 23% in 1996, 33% in 1997, 29% in 1998, and 21% in 1999 before the less dramatic busts of 2000 (-9%), 2001 (-12%), and 2002 (-22%). I.e. the opposite happened. The market ran up with hugely dramatic gains (1995 was a bigger gain than 2008 was a loss, when it lost 37%) and then declined.<BR/><BR/>That doesn't mean it's the way it <I>will</I> happen this time, but you are mistaken in thinking that isn't the way it <I>has</I> happened. Markets are unpredictable.Andrew Stevenshttps://www.blogger.com/profile/13453328821252013152noreply@blogger.comtag:blogger.com,1999:blog-14245531.post-90697075528232221932009-02-02T22:08:00.000-05:002009-02-02T22:08:00.000-05:00Thanks for your valuable information.It was really...Thanks for your valuable information.<BR/><BR/>It was really of use to me.<BR/><BR/>Now I'm going to go drink myself silly.frugal zeitgeisthttps://www.blogger.com/profile/17804781758510341558noreply@blogger.comtag:blogger.com,1999:blog-14245531.post-9634659273934640622009-02-02T20:12:00.000-05:002009-02-02T20:12:00.000-05:00I was playing with that calculator earlier. It wa...I was playing with that calculator earlier. It was depressing to see how long it would take me to earn back what I've lost, but it was reassuring to see that (according to the calculator), even with just a 4% annual return, I should still hit $1 million, and with a 6% annual return, I could hit $2 million (which I expect to be the modern-day equivalent of $200,000 by the time I retire...).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-5059474814645896942009-02-02T19:43:00.000-05:002009-02-02T19:43:00.000-05:0020-40% returns are actually very likely in the fir...20-40% returns are actually very likely in the first 2 years after a major market decline. After that the rate goes down to 10% and then with the negative years the whole thing averages out over decades to about 10%...mOOmhttps://www.blogger.com/profile/03440274434662150925noreply@blogger.comtag:blogger.com,1999:blog-14245531.post-12758259310244198672009-02-02T17:19:00.000-05:002009-02-02T17:19:00.000-05:00Great link, but truly depressing. Something really...Great link, but truly depressing. Something really telling to me is on growth alone without additional contributions, it would take me the rest of my life to get back what I had before. Yuck!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-29053631161564345022009-02-02T09:22:00.000-05:002009-02-02T09:22:00.000-05:00Thanks for your valuable information.It was really...Thanks for your valuable information.<BR/><BR/>It was really of use to me.<BR/><BR/>Chenna<BR/><BR/>www.usjobcareer.com<BR/><BR/>The No.1 Job and Career Search PortalAnonymousnoreply@blogger.com