Why this is the most untrusted bull market ever
Excerpt (some nice charts in this article): (basically the S&P 500 has tripled!)
The bull market rally in the S&P 500 (^GSPC) that began on March 9, 2009 (when it touched the ominous 666) turned seven today, making it the second longest bull market since World War II.Comment: Image source.
- While we had been investing in our 401Ks, it was in 2008 or 2009 that we began investing extra in a brokerage account. One trade was 1000 shares of FITB at about $ 1, Later sold for $ 14. It was $ 1.24 on March 9th, 2009
- I bought 100 shares of Ford on 7/15/09 for $ 6.92. Still have 80 of the 100.
- In the Fall of 2008 or 2009, we paid off our mortgage. That's when we began regularly buying stock outside of our retirement accounts.
- Our retirement target was to be debt free, the S&P at 1500, and have a million invested. It did not work out exactly like that, but we are debt free with investments.