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Strategies & Market Trends : Waiting for the big Kahuna
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To: Skeet Shipman who wrote (54724)9/9/2001 12:47:57 PM
From: Skeet Shipman   of 94695
 
Over the 16 years between 1982 and 1999, the compounded average return of the S&P 500 index was 22.4%. Even after the 30% drop from its all-time high, the S&P 500 could gain nothing over the next seven years and still be above that magical 11% compounded growth rate since 1982. So what if it does? Are you going to have the patience to wait it out?
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