Re:Funeral director had $250 million stash of IBM stock
by Retric on Monday December 15, 2008 @10:36AM
(#398396)
My point is there are plenty of large swings in the history of the S&P 500. It's up 15.38% from 10/9/2002, and down 41.33% from 3/24/2000. The BMW World for Iceland is down 99.44% over the last year which drastically changes their long term returns. But picking a peak or valley is not the best way to calculate returns.
IMO picking a peak or valley is less informative than what happens when you invest one inflation adjusted dollar every month over the history of a stock exchange. Add in selling off 1-4% a year and you can see what the stock market does for normal peoples investments.
http://www2.standardandpoors.com/spf/pdf/index/112808_Worldb...
IMO picking a peak or valley is less informative than what happens when you invest one inflation adjusted dollar every month over the history of a stock exchange. Add in selling off 1-4% a year and you can see what the stock market does for normal peoples investments.