My three most important lessons from the last 25 years of investing [Yahoo! Finance]
GE Aerospace (GE)
Last ge aerospace earnings: 4/30 04:02 pm
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Source: Yahoo! Finance
It's a good moment to draw some conclusions: 25 years is a meaningful period for investors . It's about the length of time many people will be putting money aside for their retirements and roughly how long they might hope to run their savings down again after they stop work. What happens over a quarter century can be make or break in terms of your financial security. They say that markets repeat themselves once every generation. That's how long it takes for one lot of investors to retire and for the collective memory to forget the mistakes we made last time around. That said, I do still have a vivid memory of what was going on 25 years ago. The final crazy weeks of the dotcom bubble were unforgettable. Even if I didn't remember 1999, I have documentary evidence gathering dust on my bookshelves. At the time, I was writing an investment newsletter with the former financier Jim Slater. Back then we printed the letter, put it in an envelope and posted it to subscribers. Seems qua
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