1853, 1906, 1929, 1969, 1999 Pass the question around your office. Call your money manager and ask him or her, too. Post it on your office notice board. Give up? Those were the peaks of the five massive, generational stock-market bubbles in U.S. history. Investors who bought into stocks around those peaks ended up earning terrible returns over the subsequent 30 years. Forget “stocks for the long run.” They ended up with “stocks for a long face.” The bigger the bubble, the worse returns. And, according to a new research report, we are back there again. U.S. stocks are now...
