No. of Recommendations: 9
From the link: One thousand dollars invested in the S&P 500 at the end of January, 1998 would have been worth $5557 at the end of July, 2013. However, if the dividends were reinvested in the index, the investment would be worth $10,635 by the end of July. Reinvesting the dividends roughly doubled the value of the investment.

Actually it was from 1988. Which is TWENTY-FIVE years, not FORTY!

If you understood math, or read things, or cared, you'd realize that the Compound Annual Growth Rate for the S&P without dividends over that time period works out to 7.1%, and with dividends it's 9.9%. Projected over 40 years at those rates, 1 dollar would become $15.55 without dividends and $43.93 with. Which is a ratio of 2.83 to 1.

Again, Ray's numbers are eminently reasonable. At least, they are to people who understand math. Which you keep publicly showing you do not.

But then Ray said he would have "$6-9 million" in his account from investing hundreds of thousands.

You keep bringing this up as if it reflects well on you, when actually to anyone who has read that thread it's reminder that you made yourself look uninformed, and it also invites new people to be exposed to that as well.

Seriously, why you keep digging these holes for yourself is a mystery.

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