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Here is an excellent chart to see the big picture. A buy and hold strategy would have worked pretty well at any point on the
chart - except for the peak in year 2,000. Many believe our economy will continue to grow at a similar pace for the next 80 years.
It is hard to imagine the a chart of the Dow 80 years from now might look like the decline of March 2,000 was a mere blip.
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