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<p>[QUOTE=&quot;Cloudsweeper99, post: 1176114, member: 3011&quot;]At the end of 1999, I bet a friend of mine who is also very interested in the stock market that the DJIA would be under 12,000 at some time in 2010.&nbsp; I won the bet [dinner].&nbsp; The point was that I believed the stock market was wildly overpriced in 1999 and would basically return zero over the next decade.&nbsp; But now the market isn&#039;t much higher than a decade ago, and the case can be made that the next 10 years will be much better than the last 10.&nbsp; So you can never invest by merely looking at recent historical returns.&nbsp; For better or worse, the stock market is still probably the best chance the average person has for making their savings grow at a high rate of return.[/QUOTE]</p><p><br /></p>

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