You're a 22 year old grad investing in the S&P 500 in spring of 1999...............
Now that you're 35, you have seen this investment go from ...........
1307.32 to the current levels of 1276.44
NOW WHAT?
ApricotSinner32
Restricted User
11-28-10
10648
#2
Stock Market is more -ev than sportsbetting for most people.
Comment
Darkside Magick
SBR Posting Legend
05-28-10
12638
#3
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Fishhead
SBR Aristocracy
08-11-05
40184
#4
Originally posted by Fishhead
Now that you're 35, you have seen this investment go from ...........
1307.32 to the current levels of 1276.44
NOW WHAT?
If you get back to even, BAIL................and feel lucky.
All in all, it could have been a lot worse and you can look back on it as one of life's learning experiences.
Always keep your guard up for people wanting your hard earned money, be it stockbrokers, touts, mechanics, used car salesman, etc., etc., etc.,
Comment
lemart5
SBR MVP
01-12-11
2818
#5
FH now put up how much he would have made if he invested $10000 in Intel and reinvested ever penny of dividend money ?
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Darkside Magick
SBR Posting Legend
05-28-10
12638
#6
yo fish ..is that just a initial investment with no weekly/monthly contribution or just a one time investment?
Comment
ApricotSinner32
Restricted User
11-28-10
10648
#7
Originally posted by jjgold
Now what???
Its in and out only
Long term forget it
JJgold is plus even in the stock market.This is long term boys i'm plus even.
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jjgold
SBR Aristocracy
07-20-05
388208
#8
Now what???
Its in and out only
Long term forget it
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ApricotSinner32
Restricted User
11-28-10
10648
#9
Originally posted by jjgold
Now what???
Its in and out only
Long term forget it
JJgold is plus even in the stock market.This is long term boys i'm plus even.
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KingJD31
SBR Hall of Famer
11-04-11
8167
#10
Originally posted by jjgold
Now what???
Its in and out only
Long term forget it
short term way to go quick money
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kmarinouofm
SBR Hall of Famer
01-26-09
8437
#11
Originally posted by lemart5
FH now put up how much he would have made if he invested $10000 in Intel and reinvested ever penny of dividend money ?
Lemart is this you?
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No coincidences
SBR Aristocracy
01-18-10
76300
#12
At least the dollar's worth more now than in '99.
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blackbeSSt
SBR Hall of Famer
09-06-08
9398
#13
Originally posted by kmarinouofm
Lemart is this you?
if i had to guess, this would be little lemmy
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Fishhead
SBR Aristocracy
08-11-05
40184
#14
Originally posted by No coincidences
At least the dollar's worth more now than in '99.
If one would have bought 100 cans of CHEF-BOY-R-DEE in the spring of 1999, they would be better off than investing in the S&P
The same will hold true over the next 10-14 years.
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kmarinouofm
SBR Hall of Famer
01-26-09
8437
#15
Originally posted by Fishhead
If one would have bought 100 cans of CHEF-BOY-R-DEE in the spring of 1999, they would be better off than investing in the S&P
The same will hold true over the next 10-14 years.
beefaroni or ravioli?
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Fishhead
SBR Aristocracy
08-11-05
40184
#16
Originally posted by kmarinouofm
beefaroni or ravioli?
Both, along with a host of others...................
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Sam Odom
SBR Aristocracy
10-30-05
58063
#17
90% Silver U.S. Coin Bags Price Charts
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Brock Landers
SBR Aristocracy
06-30-08
45367
#18
a lost decade +
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UntilTheNDofTimE
SBR Hall of Famer
05-29-08
9285
#19
Obviously you have no clue how compound interest works on a continuous investment. Secondly are you assuming a 1 time investment or a continuous investment. On a last note losing less than 1% of your bankroll( portfolio), over 13 years is 1000000000% better than what the avg sports bettor will lose.
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milwaukee mike
BARRELED IN @ SBR!
08-22-07
27271
#20
fishhead i think you are ignoring dividends which on the s&p 500 would add about 20% over the past 13 years?
then again if someone was managing the money or it was in a mutual fund, the fees over the past 13 years would probably eat up that 20%...
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wrongturn
SBR MVP
06-06-06
2228
#21
Fish, your arguments have two pitfalls. First, you conveniently pick the highest point in recent history, excluding the big run up during the 90's. Second, you forgot to mention 2% dividend, and that should count at least +20% not showing in the index. But nobody can predict how market performs in the next 10 years. My guess the chance going up is much bigger than down. Don't forget inflation, that is going to be reflected in the price.
Comment
UntilTheNDofTimE
SBR Hall of Famer
05-29-08
9285
#22
On a side note if you expect to throw 1 lump sum into a single index fund and make anything more than 3% a year you were smoking crack so im not sure what your angle was here. Your not going to get rich investing in the S & P even in a booming economy.
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Sdotbold
SBR MVP
12-24-09
1444
#23
Look at all those cups!
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BigSpoon
SBR MVP
11-04-10
4113
#24
Originally posted by jjgold
Now what???
Its in and out only
Long term forget it
Are you talking about the stock market or your relationships with women coach?
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Fishhead
SBR Aristocracy
08-11-05
40184
#25
Nobody should have a cent in the U.S. STOCK MARKET..........
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Hotdiggity11
SBR MVP
01-09-09
4916
#26
Go back to 2006 and cash it out.
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Dutch
SBR MVP
09-21-10
4339
#27
Really? We're doing this thread again?
Comment
Dutchie
Restricted User
12-15-11
722
#28
gotta think LONG LONG LONG term as far as the stock market goes for the average person. Buy and hold for 40-50 years. Leave the more risky stuff to more learned folk
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big0mar
SBR MVP
01-09-09
3374
#29
What about if you invested in 2008???
[B][B]They key isn't getting rich quick. The key is getting rich slowly, and enjoying it.
If one would have bought 100 cans of CHEF-BOY-R-DEE in the spring of 1999, they would be better off than investing in the S&P
The same will hold true over the next 10-14 years.
That is an absurd statement about the future. You dont put out that the 1990s was the second best decade ever for S&P returns and people entered an overvalued market. Dow 36,000 may seem like a joke now but there is a reason that Paul Krugman labeled the last decade "The Big Zero". Zero stock gain, Zero job gain, Zero gains for homeowners, but whats amazing about the american stock market over the times of records is that through 18 decades, 16 of them were profitable, with returns averaging 10% per year during those 156 years.
Even when you include the two losing decades, the average annual return is still 8.82%. and people still expect that 7-8 percent range and it seems to be the consensus for 2012.
Somebody should bump all those stupid doomsday threads about the stock market in here. Its ridiculous how weak minded people are about the stock market and scared people get. So many gamblers are such weak minded people when it comes to the future, doomsday stock threads seems to start every week
SBRJohn still likes his $10 BAC calls I'm sure....
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a4u2fear
SBR Hall of Famer
01-29-10
8147
#32
When the market goes down, you buy, when it goes up you sell. And I'm up plenty doing this.
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wantitall4moi
SBR MVP
04-17-10
3063
#33
LOL I started gambling a year before that. But I cashed out in 08. I out performed everything but guys who scammed people with Internet properties. Anyone who has a clue could have gotten probably 15-20 times their money out just betting generic numbers with little to no shopping. I got little over 30 times from betting alone, another nice windfall from a couple houses I bought (with gambling winnings) and then sold before the collapse. That was just more luck and timing rather than knowledge. I moved out of Vegas in 06 and sold that one right before it shit the bed. Sold my NB house right before I got married in 08, not at the peak but quite a bit more than I paid for it.
Number one rule anyone should follow is invest in yourself.
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RonPaul2008
SBR Hall of Famer
06-08-07
6739
#34
Originally posted by Fishhead
If you get back to even, BAIL................and feel lucky.
All in all, it could have been a lot worse and you can look back on it as one of life's learning experiences.
Always keep your guard up for people wanting your hard earned money, be it stockbrokers, touts, mechanics, used car salesman, etc., etc., etc.,
$1307.32 is not even close to even.... there has been a lot of inflation since 1999.
Comment
CanuckG
SBR Posting Legend
12-23-10
21978
#35
Originally posted by wrongturn
Fish, your arguments have two pitfalls. First, you conveniently pick the highest point in recent history, excluding the big run up during the 90's. Second, you forgot to mention 2% dividend, and that should count at least +20% not showing in the index. But nobody can predict how market performs in the next 10 years. My guess the chance going up is much bigger than down. Don't forget inflation, that is going to be reflected in the price.