Allan Roth has one of the best perspectives on investing that I know of. I think you’ll find this article very interesting (and surprising).
4 Amazing Facts about the 2010 Stock Market
By Allan Roth
By now, it’s common knowledge that 2010 was a good year for stock investing. There are some facts that are not so common knowledge, and may even shock you.
#1: The US stock market is near an all-time high
Would it surprise you to hear that the US stock market closed the year within 10% of its all-time high on October 9, 2007? It probably would, because we tend to think of the US stock market in terms of the S&P 500 index, which is nearly 20 percentage points behind that all time high. As I’ve noted before, however, that index excludes both dividends and the 30 percent of the stock market comprised of mid and small cap stocks, which were the strongest performers.
As measured by the broadest US stock market index, the Wilshire 5000, we are exactly 10 percent below that all-time high.
Read the complete article at: 4 Amazing Facts about the 2010 Stock Market – CBS MoneyWatch.com.