By Josh Katzowitz, WCI Content Director

I wasn’t an investor during the dot.com bust of 2000 when internet startups drove a huge economic expansion that exploded in catastrophe at the turn of the millennium. But I did buy a house at the peak of the housing bubble about five years later and watched the value of my home drop by tens of thousands of dollars when the bubble burst in 2008, thanks to subprime mortgages and other risky lending practices.

If you’ve been investing for any length of time, you’ve probably experienced bear markets and perhaps you’ve gone through the aftermath of a broken bubble. You tend not to forget them.

These days, as I watch the S&P 500 and the NASDAQ continue to reach record highs throughout 2024, thanks mostly to the dizzying ascent of The Magnificent Seven (Nvidia, Microsoft, Alphabet, Meta, Amazon, Apple, and Tesla), I wonder

Keep reading this article on The White Coat Investor.

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