No. of Recommendations: 0
Ken sez:

<<If I understand you, if I had an investment portfolio worth $100,000 in 12/72, it would have been worth $57,400 in 9/74. I would not have been back to the original $100,000 until 6/76 - 3.5 years later. My portfolio value would have then gone down again and not recovered back to the ORIGINAL $100,000 value until 4/78. So, my portfolio, which was invested very Foolishly in the S&P index, would have had a zero return - in the aggregate - for approx. 5 years and 5 months - and during MOST of that time, I was DOWN in value.>>

If you accept Ibbotson's total return index numbers (and I do as do many others), that's precisely what it means.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.