[rohry]

"I'm not retiring for 20 years or more.

My confidence that the stocks I buy today will be worth considerably more then than they are now is near certainty."

Have you looked at a chart of the market from 1929 to 1949, or 1966 to 1992? The market does not always go up. Sideways is not a good thing, Down is not a good thing, either...

[jdege]

"Have you looked at a chart of the market from 1929 to 1949, or 1966 to 1992? The market does not always go up. Sideways is not a good thing, Down is not a good thing, either..."

Yep.

And in some detail, both large and small cap stocks, and including dividend returns, instead of just looking at prices.

The total return of a diversified portfolio isn't well represented by the DJIA.