The Daily Pulse
Warren Buffett Warned Investors About This in 1999. The Past Week Looked Familiar
In July 1999 Warren Buffett said investors expected far too much from stocks; the S&P 500 then fell 49.1% from March 2000 to October 2002. A version of the gauge he named in 2001 reads higher today. Here is what a repeat would do to a couple with $2.4 million taking $96,000 a year, and four plans…
Originally published by Yahoo! Finance: ^GSPC News. Read the original article.