For those of you who believe that the market
can be timed, the best soothsayer can be found at Market Forcasting
Investment Quote of the Day
"October. This is one of the peculiarly dangerous
months to
speculate in stocks. The others are July,
January, September,
April, November, May, March, June, December,
August, and
February. " -- Mark Twain
Invest $200.00 a month in an S&P 500 index
fund at 12% average return and you will have:
1 year | 5 years | 10 years | 15 years | 20 years | 25 years | 30 years |
2,536 | 16,333 | 46,007 | 99,916 | 197,851 | 375,769 | 698,992 |
At 24% you will have:
2,682 | 22,810 | 97,651 | 343,203 | 1,148,887 | 3,792,345 | 12,465,611 |
They don't teach you this in government schools. You can average better than 24% with a DOW Dividend strategy.