If you have some time to spare, then go to Google Finance or whatever site you use and put in any stock you want. It is more than likely that whatever stock you picked is currently sitting at levels not seen since the mid-90′s.
That being said, are the markets just hitting the reset button? Is it possible that traders will eventually be able to profit the same way as those did in the early 90′s?
Here are a couple stocks I looked at: MSFT, GE, K, BAC, AAPL, GOOG, INTC, CSCO, MER, DELL, GS. Obviously I could go on forever, but I’m sure you get the point.
There has been a burst of the tech bubble and real estate bubble. Could we just be bursting a much much bigger bubble?
I hear stories over and over about people who struck it rich off stocks in the early 90′s. While most of the people in the markets now really have no experience or knowledge with that time, could we potentially be creating another set of “bubble popping” millionaires?
So while the markets may seem bad in the short term, lets not completely throw away the long term vision, do your research and look what happened in the past, and remember that stocks can rise just as fast as they fall.