From Chris Ciovacco: During investment bubbles, the gains over the years reach near-silly levels. For example, the last 17 years of the dot-com bubble featured an 1,800% rise in the NASDAQ (first chart below).
With an 1,800% on the books, some investors made numerous extravagant purchases (super cars, beach houses, and fur coats). A NASDAQ investor who looks back 17 calendar years in 2017 is currently sitting on a gain of 24% (second chart below).