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
Hi, Knavish!Don't forget that with Foolish accounting, all costs associated with running a portfolio count against returns. With that in mind, all the startup fees (including the subscription to the MoneyPaper) will need to be overcome to compete with the S&P 500. Considering that that initial purchases in a Drip port are so small, it will take some time to make the initial fees negligible in comparison.Thanks for posting and fool on!Vince
Ahhh....yes... of course, I should have realized that. Thanks again, Elwood.
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