AZJL_Mar13
AZJL_Mar13
AZJL_Mar13
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Thirteen Years of Zeros—and They’re Celebrating!<br />
Why the market’s upcoming milestones won’t be gratifying for retirees<br />
By Thomas K. Brueckner, CLTC<br />
Last week, two of the three major that reinvested dividends have histori<br />
market indices, the DJIA and <br />
S&P 500, were being touted on <br />
<br />
<br />
<br />
recent advances to within sight of their reinvest their dividends during their ac<br />
<br />
<br />
ceiving <br />
that dividend income nearer to<br />
<br />
and throughout their retirements, render<br />
<br />
<br />
<br />
<br />
<br />
<br />
So what does this mean and why are the <br />
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had no intention of cutting their dividend <br />
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<br />
<br />
<br />
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<br />
<br />
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<br />
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the dividend income that many needed to <br />
<br />
<br />
NASDAQ<br />
5048 pts<br />
S&P 500<br />
1468 pts<br />
Tech<br />
Wreck<br />
$37.22<br />
9.50%<br />
Enron<br />
Scandal<br />
9/11<br />
<br />
<br />
WorldCom<br />
Bankruptcy<br />
Iraq<br />
War<br />
<br />
<br />
$113.90<br />
<br />
Bernanke<br />
4.0%<br />
$52.15<br />
Indonesian<br />
Tsunami<br />
Hurricanes<br />
Katrina &<br />
Rita<br />
<br />
<br />
<br />
<br />
<br />
<br />
Paid Advertisement<br />
Bear<br />
Stearns<br />
Bail-out<br />
<br />
<br />
1/3/2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012<br />
$78.40<br />
U.S.<br />
Housing<br />
Market<br />
Slides<br />
8.25%<br />
Subprime<br />
Collapse<br />
Prime Interest Rate<br />
Wall St<br />
Bailout<br />
Passes<br />
House<br />
$33.87<br />
Sources: <br />
, Lipper, Dalbar, , Market Watch, Oil-Price.net, USAGold.com, Money Café, This is Money<br />
$81.20<br />
GM &<br />
Chrysler<br />
Bankrupt<br />
U.S.<br />
Home<br />
prices<br />
22%<br />
<br />
<br />
Bernanke<br />
Pledges<br />
QE2<br />
<br />
<br />
ObamaCare<br />
Passes<br />
BP Oil<br />
Spill<br />
3.25%<br />
European<br />
U.S. Loses Debt Crisis<br />
AAA Rating<br />
National<br />
Debt $15<br />
Trillion<br />
Pledges<br />
Indefinite<br />
Fiscal<br />
Cliff<br />
S&P 500<br />
1426pts<br />
(-3%)<br />
NASDAQ<br />
3020 pts<br />
(-40%)<br />
<br />
<br />
ARIZONA JEWISH LIFE | MARCH 2013 5
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