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Response to LanternWaste (Reply #5)

Wed Nov 28, 2018, 06:15 PM

10. Yup, a correction or a bear market. But they say it always has gone on to set new all time highs

They say the general trend from the beginning to the present is for higher lows and higher highs

They say the market has never, ever, ever set a new all time low, not even once. But it periodically sets new all time highs.

They say "time in the market beats trying to time the market", and point out that timing the market requires two good decisions: when to get out, and when to get back in.

They may point to irritating statistics like the S&P 500 returning an annualized average of more than 10% since 1926 (on average, that's a doubling every 7 years. On average).

One cannot invest in an index, but one can invest in an index fund, such as the Vanguard S&P 500 index fund (VFINX), to take a broad market index fund with the longest track record, that represents 75 to 80% of the U.S. stock market by capitalization.

Since its August 31, 1976 inception, the Vanguard S&P 500 index fund (VFINX) with dividends reinvested and after expenses, has returned 11.18%/year on average (through Nov 23, 2018). It has increased 87.75 fold during this 42.22 year period (1.1118^42.22 = 87.75).

https://www.thestreet.com/quote/VFINX.html


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mahatmakanejeeves Nov 2018 OP
progree Nov 2018 #1
mahatmakanejeeves Nov 2018 #4
onenote Nov 2018 #6
LanternWaste Nov 2018 #5
LineLineLineNew Reply Yup, a correction or a bear market. But they say it always has gone on to set new all time highs
progree Nov 2018 #10
Bengus81 Nov 2018 #2
IronLionZion Nov 2018 #3
onenote Nov 2018 #7
IronLionZion Nov 2018 #8
onenote Nov 2018 #9
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