Listen: Zafar, Zell, Stanford discussed on Motley Fool Answers
"Five eighty three and eighty seven and for three of those years. The performance of the subsequent six months was about flat. The one outlier was nineteen eighty-seven. The market was down thirteen percent. Thanks mostly to became known as black Monday that day and October. When the Dow dropped twenty two point six percent, but still the market was up for that year. So it's look put some other numbers on what we have seen Zafar in two thousand nineteen the S and P five hundred is up eighteen percent. So far this year. The NASDAQ is up twenty two percent the Zell by the way as of the end of April. So the NASDAQ being up more shows that bigger tech your growth, your stocks are still doing very well outperforming the market small caps are doing well. But not quite as well up. Sixteen percent international stocks up fourteen percent and boring old bonds up three percent, not great compared to stocks, but still pretty good for four months worth of work. So all in all two thousand nineteen has been a great year for to be an investor so far. There's my awful eiser. Thank you. Let's get this more off lies eventually number two. The secret to getting ahead be born at the right time. So a lot of financial success does come down to luck or in some cases, bad luck. So for example, research has established for a while now that entering the workforce as a college grad during a time of recession can have lasting effects effects that last up to ten to fifteen years, but do those affects last longer and what if you didn't graduate from college? Well, couple of researchers looked at these questions Amish wont of Stanford. I'm going to get these names. Right. But I'm gonna. Oh. Until Vaqta of the university of California. The so the results are pretty depressing to quote, quote from their research specifically, so they found that quote negative impacts on socio economic outcomes persist in the long run in midlife recession graduates earned less while working more, and there were less likely to be married and more likely to be childless and then on top of it. And this is a quote from the research recession graduates had higher death rates when they reached middle age. These mortality increases stand mainly from diseases linked to unhealthy behaviors to smoking drinking and eating poorly in particular, we discovered a significantly higher risk of death from drug overdoses and other so-called deaths of despair among those who left school during a downturn. Wow. Yeah. It's pretty it's pretty depressing now, obviously, this doesn't apply to everybody. And if you enter the workforce during a recession, it doesn't mean you're doomed. So for example, my wife, and I graduated from college. The end of the ninety ninety one recession we turned out. All right. Although my wife did have to start training as a job as a UPS driver.."