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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (43925)	6/29/2002 10:33:24 AM
From: ajtj99	Read Replies (2) \| Respond to of 209892

Applying a historic rate of return to crash value (1990 low on the COMP with an annual rate of return of 8%) gets you to around COMP 800 today. Doubling that every 9-years, plus adding another double for bull runs would get you to 5,000 in around 15-years. That's not too bad. We had a discussion a few days ago about middle age. It seems to be much older than it used to be since people are living so much longer. I guess you could consider 65 middle aged now, and maybe you're not you're elderly until 85 or so. In fact, it's hard to call anyone elderly unless they have dementia, use a walker, or have alzheimers. If they have their faculties and scoot around OK, they're hard to call elderly.