7-year bull makes investors $16T richer!

Discussion in 'News / Current Events' started by Crabtownboy, Mar 9, 2016.

  1. Crabtownboy

    Crabtownboy
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    The bull market celebrates its seventh birthday today. Here's the real accomplishment, though: Putting $16 trillion into the pockets of investors.

    Investors with the guts to ride this bull market since it first emerged on March 9, 2009 have seen the value of stocks rise $16 trillion, according to market research firm Wilshire Associates. Just to put that into perspective - that's nearly equal to the U.S. gross domestic product of $17 trillion.

    Much of those huge market gains were generated by a few runaway winners. Just seven mega-winners in the bull, digital gadget maker Apple (AAPL), online advertising company Alphabet (GOOGL) and software maker Microsoft (MSFT), together generated $2 trillion of the bull market's run, according to a USA TODAY analysis of data from S&P Global Market Intelligence.

    "Looking at the performance of individual stocks since (March 9, 2009), there have been some monster gains," according to a report to clients by Bespoke Investment Group.

    http://www.usatoday.com/story/money...ear-bull-makes-investors-16t-richer/81515958/
     
  2. InTheLight

    InTheLight
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    It's been a great ride, except for a couple of blips here and there. And the past 6 months have been terrible.
     
  3. Crabtownboy

    Crabtownboy
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    Yes, and that is why a person has to carefully the market and especially stock owned on a daily basis. You put your eggs in a basket and then you watch that basket very carefully.
     
  4. church mouse guy

    church mouse guy
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    If you get an asbestos money belt, you can take it with you when you go. AlienAlienAlien(That's an old joke--send all complaints to the complaint department.)Speechless
     

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