OCU> The rest of the markets came through it pretty much unscathed.
Tell that to my 401K.
The S&P 500 - which is not NASDAQ - lost nearly
50% of its value.
(VFINX is Vanguards S&P 500 index fund.)
. . .
VFINX just got back to 2000 value in Aug 2007
http://socialize.morningstar.com/NewSocialize/forums/t/207564.aspx
VFINX just got back to 2000 value in Aug 2007
I look at the 10 year chart, and VFINX, Vgd 500 Index, just got back to 2000 year value in Aug 2007. It took 7 years to come back to the 2000 level.
Can someone please explain why that makes the Vgd 500 Index such a good value?
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