An opportunity open to all. The "rich" weren't all born rich.
In most cases they worked hard and invested wisely.
That doesn't include politicians.
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2000–present: Bear market. The index meanders and then plunges to
a closing low of 7,286.27 on October 9, 2002. A cyclical bull
peak at 14,198, reached exactly five years later, does not
surpass the inflation-adjusted 2000 high. A renewed bear is
recognized in summer 2008 and multiple volatility records are set
that autumn. Another acute phase in early 2009 brings the index
to new 12½ year lows south of 6,469, for a total loss of 54% in
less than 18 months. The Dow remains volatile during its ensuing
climb, losing almost 20% during the summers of 2010 and 2011, but
more than doubles from its low to four-year highs above 13,300 on
May 1, 2012 before entering another summer correction.
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LZ