Best Stocks and Industry of the Decade
Be Wealthy & Smart
Linda P. Jones
4.8 ⢠883 Ratings
šļø 23 December 2019
ā±ļø 11 minutes
šļø Recording | iTunes | RSS
š§¾ļø Download transcript
Summary
Learn which stocks and industry performed the best this decade.
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Transcript
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| 0:00.0 | Be wealthy and smart, episode 658. |
| 0:03.0 | I'm gonna live no rich life. |
| 0:06.0 | Rich life. |
| 0:08.0 | All the best life. |
| 0:10.0 | If y'all know what I mean, put your hands up and declare with me |
| 0:13.8 | yeah I'm full of time I'm gonna live a good life I'm gonna live a good life |
| 0:20.8 | and beautiful and financial freedom without budgets, boredom or bosses on |
| 0:31.3 | be wealthy and smart. And now here's your host, Linda P. Jones. |
| 0:37.0 | Welcome to Be Wealthy and Smart. I'm Linda P Jones, America's Wealth Mentor, |
| 0:42.0 | Empowering Women and Men Worldwide to Financial Freedom. |
| 0:45.6 | On today's show, we're going to talk about the best stock of the decade. |
| 0:50.2 | But before I get there, I want to share with you some other facts because this was an incredible |
| 0:56.4 | decade. From 2010 to 2019, almost to 2020 now, we had outstanding performance. The S&P 500 average 13.3% per year |
| 1:10.8 | well above our long-term stock market average that we always talk about of 10%. |
| 1:17.0 | The NASDAQ did even better. |
| 1:20.0 | Technology stocks averaged 17.5% for the decade. Outstanding. And an interesting fact is it was the first |
| 1:29.1 | 10 year period in history without a recession. |
| 1:33.4 | So while we had a slightly negative year for the year, one down year during the whole decade, |
| 1:40.4 | down about 4% last year. We did have the first 10 year period where there was no recession. |
| 1:48.0 | I think that's because we had such a sharp turn down in 2007 and 8 in the Great Recession. |
| 1:56.3 | We had a sharper stock market pullback. |
| 1:59.1 | We had a real estate decline that was devastating. Everything that happened in that |
... |
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