The 5 Year Bull Market Myth!(2)

First let's look at this so called bull market and why it has been deemed as such.


Going back about 5 years ago to September 30, 2002 the S&P 500 closed at 827.37.

Flashing forward just a little over 5 years to October 8, 2007 the S&P closed at 1,554.41.

When you ad that all up it equals an attractive annual growth rate of 14.19% per year.

Wow you might say, what's wrong with 14%, sign me up!


The problem is no one is telling you the entire truth.

In fact this is a dangerous story if market makers and mutual fund promoters use this information to influence countless investors to invest in the market without considering the true risks and the effects these risks will most likely have on their returns.

Let's take our blinders off for a moment and consider the long term implications of this mythical market.




By Antonio Filippone