[rubashov]

Are you serious? Look at any inflation adjusted chart of the US equities market and there are obviously multiple such periods.

http://www.angelfire.com/or/truthfinder/index14.html

http://www.dogsofthedow.com/dow1925cpilog.htm

Furthermore, market history did not begin in 1910 in the United States. Stock markets go back hundreds of years in many countries. A global long-view perspective is worth a lot more than 90 years of US data. And from that perspective "stocks for the long haul" have very often been a bad idea.

[nevinera]

Your chart shows a flat spot of 16 years across the 80s, and another one of about 25 years measured from the very peak of the market in 29.. So you're right, though that figure isn't impressively different.

The figure I was remembering was actually about a 60/40 balanced stock+bonds fund like VBINX, which is what I'd recommend to anyone anyway.