Quote:
Originally posted by techweenie
People would have to be pretty stupid to think that an 8% increase over 5-1/2 years was a good return.
Especially since inflation/cost of living has made $12,300 today equal to $10,794 in 2001 (source: BLS website calculator).
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People would have to be pretty stupid to only have an 8% return over the last 5 1/2 years. My small personal portfolio was up 100% in the last month and 52% on Monday alone. No wonder liberals are always whining about the economy if they cannot make money in this market. Even my relatively safe 401K has more than doubled in the last 3 years.
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