Sunday, January 20, 2008

Investment Returns in the Millennial Decade


The source of this table is this week's edition of Barron's, which I subscribe to. US stocks have not been a good investment so far this decade. Of course if you dollar cost average in you would have bought quite a lot at lower prices in 2001-2004. even better if you'd tried to time the market any time in 2002. Dollar cost averaging the SPX over this period returned 3.81% by my calculation. The MSCI World Index (All Country Gross) returned 4.18% p.a. So foreign stocks weren't that spectacular either. Moom's return over this period BTW was 7.2% per year. As "The Fly" would say: "Odd, no?" :)

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