Still Growing, it depends on which 30 year period you are looking at. Lots of people can't let go of the recent past, particularly the dot.com boom, and keep believing it will happen again. It will of course happen again, but not for a few decades. What is going on in the markets right now is very nasty indeed, and will burn many.
If you do buy shares, buy companies with a shedload of cash on their books and no debt - they will be the only ones left standing after this. I recommend reading "The Intelligent Investor" by Benjamin Graham - I think it's available on Amazon. He talks about investing in the post-wall street crash environment of the 40's and 50's (when the Dow was flat, but he still made money) and has useful things to say. He was Warren Buffet's guru. It's a great book, full of scepticism and wisdom - the best investors look at the downside and diligently protect themselves from it. It's the wishful thinking ones, who only believe things can go up, that get hurt.
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