10 Years Of Financial History And The Current Outlook
Ten years ago, the economy was bleak.
The U.S. was in a recession. The subprime mortgage crisis was undermining Bear Stearns, Lehman Brothers, Countrywide Financial, AIG, and other major financial institutions; General Motors looked like it might go out of business.
Then, in a story for the ages, the nation came back from the financial crisis and led the world out of The Great Recession.
Over the last 10 years, a dollar invested in America’s 500 largest public companies grew to two dollars and forty eight cents.
From the stock market’s low point on March 9, 2009, a dollar grew four and three-quarter times in value, to four dollars and seventy two cents – a 372% return!
For the past decade, what makes America exceptional among all nations has been unfolding in plain sight.
If you've enjoyed this video blog Join Our Weekly Newsletter, or want more information. Please email us at email@example.com or http://masteringyourmoney.com/