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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: Jim Willie CB who wrote (10283)10/30/2000 1:22:05 PM
From: taylorfife  Read Replies (1) of 65232
 
<if you had put $10k into the S&P in Nov 1st, 1950
then removed it on Apr30th
and repeated the process every year, in Nov1st, out endApril
your $10k would have grown INCREDIBLY to $363,353>

Good point. Also, if you had put $10,000 in a growth mutual fund averaging 12%, and left it alone, you would have approximately $2,500,000 in 50 years.
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