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Party like it's 1999

I miss Prince. I remember when his song “I’m gonna party like it’s 1999” came out in 1983. I was just starting college and we played it at every party. The year 1999 seemed so far away, I couldn’t even imagine something so far in the future. Fast forward to the actual year 1999 and I worked in an office, overlooking Times Square. Pretty cool for a kid from Romeo. And it seemed like the stock market WAS partying all the time. The returns for the past five years had been 37%, 22%,33%,28%, and 20%. People started to say smart things like, “It’s different this time” and “Companies don’t have to ACTUALLY have earnings” to be profitable. It was a frustrating time for me as an advisor because clien

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