Forum Archive Index - October 2002
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[sharechat] Dollar cost averaging
Another yahoo finace quiz with an interesting answer
Q. On October 31, 1929, Jim starts dollar-cost-averaging $100 per month into
the Dow. The Dow performs poorly, and by the end of 1939, has fallen 46%.
What is Jim's return? 5% 0% -11% -46%
Go to http://finance.yahoo.com to find the answer (the quiz is on the left
hand side of the page if you scroll down a bit)
Clue - our old friend, mentor and champion of dollar cost averaging Mary
Holm would get the correct answer.
Where is mary these days?
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