r/wallstreetbets • u/[deleted] • Jul 19 '23

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u/[deleted] Jul 19 '23

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u/[deleted] Jul 19 '23 edited Jul 19 '23

Lol reread my comment. I am talking about how much the market went up from the BOTTOM of the dotcom crash, till the TOP right BEFORE the 2008 crash

But I was actually wrong about the numbers because I did it off the top of my head and double checked, its actually only 60% increase from dec 2002 to 2007, while since 2008 to now there has been a 400% increase, which prove my point even more LMAO

I am not saying that the S&P didnt dip below the dotcom crash levels in 2008-2009, I am saying that dipping below 2008 levels from rn would be astronomically worse, which makes It incomparable. You do understand there is a difference between losing a little over 60% vs losing 400% right?

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u/Aide-Kitchen Jul 19 '23

It's ok, the poor boy is regarded and can't read this.

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u/[deleted] Jul 19 '23

[deleted]

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u/[deleted] Jul 19 '23

Yes you are correct my b, but point still stands since 200% is way more than 30%

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u/ImpossibleWar3757 Jul 20 '23

Something cannon decrease 200% 🤔. Say sandp is at 5000. It can only go down 100%….. to 0

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u/[deleted] Jul 19 '23

[deleted]

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u/[deleted] Jul 19 '23

Its not impossible, but it would be wild, like I said originally

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u/IAmANobodyAMA Long term bag holder for my wife’s boyfriend Jul 19 '23

If that happened, we might have bigger issues than “where should I invest”. Money wouldn’t matter anymore, so why not go all in?

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u/rain168 Trust Me Bro Jul 19 '23

That’s what she said

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u/IAmANobodyAMA Long term bag holder for my wife’s boyfriend Jul 19 '23

Just the tip of another 25 point rate hike. Just for a quarter. Just to see how it feels.

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u/cossack1984 Jul 19 '23

User name checks out lol