22 Years Since the 1987 Crash

It was 22 years ago today — October 19, 1987 –that the market busted. The Dow plunged 508 points, also on a Monday.
As it turned out, the crash was an excellent buying opportunity as the market can surging for another 12-1/2 years.

If you bought the day after the crash, you would have improved your annualized return by 1.25%.

Posted by Eddy Elfenbein on October 19th, 2009 at 11:02 am

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