Wandering Monk
Well-Known Member
Ending in December 2018, average return over 30 years:
DJIA: about 7.8%
Russell: about 10%
Using the rule of 72, time to double your money based on above returns:
DJIA: 9.2 years
Russell 2000: 7.2 years
If you can sit tight during the worst years (like 2007/2008) you would have doubled your money about 3 times in the DJIA and 4 times in the Russell 2000.
If you had started out with a one time investment of $10,000 in 1988, today you would have:
DJIA: $80,000
Russell 2000: $ 160,000
DJIA: about 7.8%
Russell: about 10%
Using the rule of 72, time to double your money based on above returns:
DJIA: 9.2 years
Russell 2000: 7.2 years
If you can sit tight during the worst years (like 2007/2008) you would have doubled your money about 3 times in the DJIA and 4 times in the Russell 2000.
If you had started out with a one time investment of $10,000 in 1988, today you would have:
DJIA: $80,000
Russell 2000: $ 160,000