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0 pointsOutOfHere1y ago0 comments

While I entirely agree in spirit and in context, and I get the point too, the historical specifics as clarified by GPT were:

During the period from 2000 to 2013, the S&P 500 did experience significant drops, particularly during the dot-com bubble burst in the early 2000s and the financial crisis of 2007-2008. The largest drawdowns in this period were:

1. *Dot-com Bubble (2000-2002)*: The S&P 500 fell significantly after the peak in March 2000, dropping about 49% until it bottomed out in October 2002.

2. *Global Financial Crisis (2007-2009)*: The index again suffered a major drop, losing approximately 57% of its value from its peak in October 2007 to its low in March 2009.

However, these drawdowns did not last continuously for 13 years, nor did they result in a cumulative drawdown of 60% sustained over that entire period. The S&P 500 recovered from these lows and even reached new highs within the timeframe specified.

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mmarian1y ago

Makes sense. The reason I highlighted is because I'm finding that most people overestimate how safe some investment strategies are without actually looking at the historical data.

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0 pointsOutOfHere1y ago0 comments

While I entirely agree in spirit and in context, and I get the point too, the historical specifics as clarified by GPT were:

1. *Dot-com Bubble (2000-2002)*: The S&P 500 fell significantly after the peak in March 2000, dropping about 49% until it bottomed out in October 2002.

2. *Global Financial Crisis (2007-2009)*: The index again suffered a major drop, losing approximately 57% of its value from its peak in October 2007 to its low in March 2009.