|
Printable version |
From: | "Peter" <pmaiden@xtra.co.nz> |
Date: | Mon, 9 Jul 2001 21:31:50 +1200 |
Some
interesting facts (a bit of a worry for a buy and hold investor) from the
Leuthold Group in the USA -
- It has taken an average
of 18 years and 4 months to climb back to an 11% annual compounded return
(including the reinvestment of dividends) following a bull market peak. This is
based on the 20 peaks of the US markets this century.
- Those who invested at the
peak of the market in 1929 still have not reach an 11% annual compounding return
since.
- From the highs of 1987 it
took 8 years to reach a 11% annual return - and that included part of the period
when the S&P 500 returned a 26% annual compound rate from 1995 to
2000.
Somebody was interested in this
sort of data the other day. Hope this helps.
Peter
|
|