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Subject:  DRP & dollar-cost averaging Date:  5/19/1999  7:31 PM
Author:  Knavish Number:  8121 of 27957

Just wondering....about the statement in the drip portfolio "due to the slow nature of dollar-cost averaging, we don't expect to seriously challenge the S&P 500 for the first 3-5 years." Once again, explain this to me like I'm an eight year old. Aren't we just talking about % return here? Why does the initial investment make a difference? Aren't we just talking percentages? Knavish

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