I’ve posted Entry #14 to my Investing: The New Rules column at the Death by 1,000 Papercuts site. It’s called Young Investors Have Been Hit the Hardest.
Juicy Excerpt: You only get one chance at taking a big bite out of the compounding returns apple.The gal who started saving with visions of compounding returns in her head at age 25 in 2000 has seen ten years pass before her eyes without any of this magical compounding stuff take place. She’s not going to get those 10 years back. She was a good girl who followed the injunctions of all her elders that she start saving young. But the people who messed up the stock market (It was the Buy-and-Holders! Grrrr….) messed up her deal. She may get the benefits of compounding starting from age 35. But her hopes of enjoying the benefits of compounding starting from age 25 are busted. The wonderful bull market of the 1990s (which caused the bear market that followed) saw to that.