Now this is depressing. Apparently Stock Decline Have Hit Depression Levels according to BusinessWeek.com. They say:
During the darkest 10 years of the Great Depression, from September 1929 to September 1939, the stock market dropped roughly 50%, adjusted for inflation. With today’s drop in the stock market, the U.S. has now matched that unfortunate milestone. The Standard & Poor’s 500-stock index, adjusted for inflation, is now down about 50% over the past 10 years from Feb. 17, 1999 to Feb. 17, 2009.
Plus, if you also have equity in your house, you likely have lost money there, too.
Remind me again why I am working and socking money away?
Smart People I Know 