Quote:
Originally Posted by 86fanatic
The S&P is currently below where it was in 2006, and is also below the peak in 2000. It is simply incorrect to say that anyone can expect 10% average returns over any length of time with the S&P. Past performance does not indicate future returns.
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You're right. I picked a lousy example. Guilty as charged. I still stand by the concept. Its not the path for everyone, but it has worked for me.
There is certainly risk, and you should invest according to your risk tolerance. If you did this in about 2008 you would've been most unlucky, and probably wouldn't have done well at all. Again your mileage may vary!
Brett