For those of you affected by the 2000-2001 Dot Com Bubble, how similar of a spot are we in now?

Jan 1, 2021 24 Comments

We all know history in the stock market tends to repeat itself.

The dot com bubble was known as a phase of insane tech stock market growth where companies where 2-3xing with no real fundamental value. For those of you who were apart of this bubble (im in my 20s so I was a toddler at that time), how similar is today's stock market climate to what it was from 1999-2000? From what I've seen everyone at that time was thinking the stock market could never crash and stocks could only go up, which is exactly the kind of mindset we're seeing now.

From 1995-2000, NASDAQ was up 5x from ~1000 to ~5000.
From 2016-2021, NASDAQ is up 3x from ~4600 to ~12888.

Although we did have dips in March 2020 and December 2018, I just wanted to know how similar of a social/economic spot we are in now compared to the dot com bubble. Obviously I know I can't time the market and that it can stay irrational for a long long time.

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