1 Comment
User's avatar
Shankar Saikia's avatar

I loved the writeup on your financial checkup and the overall AI investment. Here’s what I am looking at .. The S&P 500 is up 80% (compounded) over the last 3 years (23,24,25) and another 12% this year …The numbers I’m looking at are the following: for the S&P500 the 10 year average (w dividends reinvested) growth is 15%, which is up from the 11% for the last 20 years and 10% for the last 30 … One of these days we will see a regression to the mean (ie massive drop and who knows for how long .. … during the 2008 financial crisis the SP500 fell 37% in one year, during the dot com bust it fell 9%, 12% and 22% from 2000 to 2002 making it a cumulative 38% drop over the 3 years !). With the US debt at 40 trillion and all the stuff going on in the bondmarket, I think the fall will happen soon, unless the president does something before the November midterms to temporarily juice up the market ….