Dow Jones Industrial Average graph, 1960 to 2009

Dow Jones Industrial Average, 1960 to 2009

Dow Jones Industrial Average, 1960 to 2009, close for each year (partial data for 2009).

(Click on image to see larger version. Data from EconStats.)

Today the Dow Jones Industrial Average closed at 6,726.02, only slightly above the close for 1996, 6,448.27.

Nearly 50% of the value from the 2007 close of 13,264 has been lost.

If you’d invested $1,000 in the DJIA in 1996, you’d still have $1,000 today, but those 1996 dollars would be equivalent to $1,304 today, factoring in inflation.

If you’d correctly sold your shares at the high of 14,279.96 in October, 2007, that $1,000 would have been worth $2,123.09.

There’s been a lot of talk of Japan’s lost decade, and here we’re demonstrating a “lost baker’s dozen.”

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