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Re:Becoming a high performing software developer working fro... by Ididntdothis on Wednesday February 12, 2020 @10:13AM (#22309395)
Agreed. You can’t assume that the current upswing will go on forever. People learned this in 2000 and 2008.
Re:Becoming a high performing software developer working fro... by krn on Wednesday February 12, 2020 @01:04PM (#22311063)
Nasdaq-100 dropped by -41.89% in 2008, and then went up by +53.54% in 2009. That's it. The only other negative performance since 2002 was in 2018 (-1.04%). If you are a kind of investor who starts selling off in the middle of an economic downturn, of course you will lose.
Re:Becoming a high performing software developer working fro... by mcqueenjordan on Wednesday February 12, 2020 @08:26PM (#22314557)
Just worth noting: 3/5 * 3/2 = 9/10. i.e., dropping 40% then going up 50% doesn't get you back up to 100%. Not saying you implied that it does. Just making this fact explicit.
Re:Becoming a high performing software developer working fro... by nuclearnice1 on Wednesday February 12, 2020 @01:07PM (#22311084)
How about 2000?
Re:Becoming a high performing software developer working fro... by krn on Wednesday February 12, 2020 @01:23PM (#22311240)
The 2000-2002 were an anomaly in the entire 35 years history of Nasdaq-100:

https://en.wikipedia.org/wiki/NASDAQ-100#Annual_Returns

Re:Becoming a high performing software developer working fro... by nuclearnice1 on Wednesday February 12, 2020 @02:29PM (#22311915)
Wow. On the way up and down. What a time.