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Investing/Strategies / Retirement Investing
|Subject: Re: Talk me out of a Financial Advisor||Date: 6/2/2013 4:02 PM|
|Author: MurrayS||Number: 72372 of 73906|
B&H: $1.0000 grows to $ 2.3000 in 10.07 years. rate: 8.62% stdev: 20.6%
So that there's your S&P. Up a total of 8.9% w/o dividends or 13.0% w/dividends.
What am I missing? How did 8.62% become 13%?
Just to confirm, I pulled up historical prices for VFINX. On 3/31/2003, the adjusted close (including distributions) was $64.45. On 3/28/2013, it was $144.61, 2.24 times the initial investment or an annual return of 8.4%.
Again, where does the 13% come from??
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