I’ve posted Podcast #68 to the “RobCasts” section of the site. It’s called 2008 Was a Very Good Year for Stock Investors — Let’s Hope that 2009 Is Not a Repeat!
The price crash was an inevitable result of the insane bull market of the 1990s. So it is not right to think of it as something bad that happened in 2008. The fact that stock prices have returned to reasonable levels is good news. It means that we can begin earning good long-term returns from stocks again.