Quote:
Originally Posted by Raavak
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That's probably a good level to watch for. Looking at SPRD etf the price is over on 30 day and 200 day moving average which would tend to predict a leveling off or decline.
He's agreeing with ya bro.
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he's not really. the buying power of a dollar in 1980 was a few times greater than it is today, i think that's what he was trying to vaguely say.
his point is moot because I doubt you invested your money in 1980. You probably did less than 10 years ago, which saw roughly 2% inflation annually from 2000-2011.
i'm not an economist or a financial advisor, i play with plants.