[Boomer]

This thread began almost a year ago, and since then we have seen quite a run-up in the market, as it shakes off all kinds of bad news -- to the point where I sometimes have to wonder if this market is completely immune to reality.

Out of curiosity, I just now looked up one of the most well known index funds. I wanted to see how the numbers told the tale over time. Here's what I found.

Vanguard 500 Index:
1 yr. 49.73%
5 yr. 1.84%
10 yr. -0.73%
since inception in 1976 10.58%

When looking at risk and at returns, I try to keep in mind the words of that great philosopher Mick Jagger -- well I guess really it is a paraphrasing of those words, "Time Is Not On My Side." Well.....not like it used to be anyway. Not that I don't like the market...still do....but....

(Oh, and btw, I was all set to digress a little by putting a You Tube clip in here of Mick Jagger singing "Time Is On My Side." But.....well....when I found it....well, it was just downright embarrassing. He was wearing some hideous white pants. He looked like one of those creepy guys that used to hang around the Greyhound Bus station picking up cigarette butts...and so I spared you...great song though.)

Boomer