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To: abb
The figures aren’t adjusted for inflation or population growth.

Yeah, that's what I wanted to check too...

OK, pretty much as expected. Including inflation + pop. growth shows we were better off before the 110th congress took over.

65 posted on 09/19/2014 6:06:42 AM PDT by expat_panama
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To: expat_panama

http://online.wsj.com/articles/three-mistakes-investors-keep-making-again-and-again-1410533307

Three Mistakes Investors Keep Making Again and Again

Spend less than you earn. Put the difference in a low-cost broad-based index fund. Leave it alone and let it grow over time.

Incorrectly predicting your future emotions.

Too many investors are confident they will be greedy when others are fearful. None assume they will be the fearful ones, even though somebody has to be, by definition.

Failing to realize how common volatility is.

You needn’t have been a genius to have done well in stocks over the past decade. You just had to not have panicked in 2008, when everyone around you was going crazy.

Trying to forecast what stocks will do next.

You have no control over what the market will do next. You have complete control over how you react to whatever it does.


66 posted on 09/19/2014 6:51:13 AM PDT by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: expat_panama

http://www.businessinsider.com/silver-gets-crushed-september-19-2014-9

Silver Is Getting Crushed


70 posted on 09/19/2014 2:18:50 PM PDT by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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