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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (29987)2/27/2008 5:10:31 AM
From: Elroy Jetson  Read Replies (1) | Respond to of 218131
 
Since 1970 the Brazilian BOVESPA has provided pre-tax gains of almost 6.25% annually - a ten-fold rise over 38 years, assuming no transaction costs.

This is a 30 billion-fold rise in nominal stock price, minus 3 billion-fold inflation. Any interim sales would have devastated returns after paying taxes on nominal returns.



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