Looking at the stock market in 1999 dollars. Yikes!
The Dow today stands at 10520.10, but in 1999 dollars, the benchmark index is only at 8140.38. Some analysts say looking at stocks without adjusting for inflation gives investors an exaggerated view of performance over time.
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The common wisdom is to "build wealth slowly over the long term." Still wise words, along with "patience is a virtue."