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I'll stick with my math. There are many ways to look at something.
The power of compounding would seem great until you adjust for inflation
which I have no figures for but a head of beef sold for 2 to 3 dollars in
the movies. Some things are probably 100 times as expensive especially real
estate. So divide 9500 by 100 you get 95. If this voodoo math is right we
are only about 3.3 times as high as the all time low.
Brent
> If you take a level of 28, 102 years ago, and compare it to the high, you
end
> up with an annualized return of 5.86%, even though the total growth is
> 33,410%, or 328% per year. Shows you the power of compounding.
>
> Regards,
> A.J.
>
>
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