RichieG
Contributor
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- Sep 27, 2018
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Anytime you look for figures it will be something like S&P averages 8% over last 10 years.
So $100,000 invested in 2009 will be worth ( in theory ) approx $221,000 in 2019
What about if you invested $100,000 in 2008.
It fell 50% at the end of the year. Now worth $50,000.
Then from 2009 - 2019 you get the reported 10% growth for 10 years.
Your investment is now worth $110,000
So from 2008 to 2019 you have made 10% but the report states 10% return per year for the last 10 years!
Then if there is another 40% drop in 2020 your investment goes to $55,000 again?? Am i missing something??
If i'm right how do they get away with this and does DCA help?
So $100,000 invested in 2009 will be worth ( in theory ) approx $221,000 in 2019
What about if you invested $100,000 in 2008.
It fell 50% at the end of the year. Now worth $50,000.
Then from 2009 - 2019 you get the reported 10% growth for 10 years.
Your investment is now worth $110,000
So from 2008 to 2019 you have made 10% but the report states 10% return per year for the last 10 years!
Then if there is another 40% drop in 2020 your investment goes to $55,000 again?? Am i missing something??
If i'm right how do they get away with this and does DCA help?
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