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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: 8bits who wrote (83897)	5/1/2007 10:55:41 PM
From: carl a. mehr	Respond to of 206332

<<So even if we took a price of 1425 (The quite was around the Nasdaq peak..) to today's close of 3606 we have 153% gain in a little over 7 years>> A better way of stating the 153% gain, is IMHO to say that he made a yearly average compounded gain for each of the 7 years of 14.18%. That is also how I figure my 17 year stock market return, and it is right now averaging at about a 20% compounded yearly. Was a lot higher during the tech bubble years. Working my yearly compounded average back up during the last 4 years with almost exclusively energy stocks. Well, 20% compounded for 17 years is pretty good, I feel...carlmehr