you are currently getting 12%? and have been doing so throughout the market down turn?
care to elaborate on the path you took to becoming a millionaire?Where I want to be! See thread title.
The SP500 has averaged 12% over the past 50-80 years. Market downturns mean a sale on stocks so as I continue to invest during low market times - and even increase investing - I'm buying stocks at a cheaper price so I get more bang for my monthy $1000 investment. The market always rebounds. And yes, I'm getting almost exactly what the SP is doing as I have those type of SP funds.
only problem is after the down turn you are making 12% on less money than you had...I understand that "time in the market beats timing the market" but that continual 12% stuff seems a bit skewed to me.
Its an average. Do you understand basic math?
That fund did 29% all of last year on an average. This year the market is down but its early and its still doing 5%.
Thats a 2 year average of 17% if it stays at 5% this year. Which it wont but I cant predict it.
And if I look at the 30 year average, its 11.9%
you are a prick faced **** bird and I love you.
https://www.forbes.com/sites/robisb...-term-return-is-mediocre-really/#742e3415b1ee
https://clubthrifty.com/average-stock-market-return/
Where did yo9u find that nonsense?
as if you even read them in 3 minutes...
https://www.macrotrends.net/2324/sp-500-historical-chart-data
This one says 18% but I tend to think its less, like 12%
http://www.multpl.com/s-p-500-real-earnings-growth
This one says 18% but I tend to think its less, like 12%
http://www.multpl.com/s-p-500-real-earnings-growth
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