[OKDXA] Submitted For Your Amusement:
AC5UP
ac5up at windstream.net
Thu Aug 2 14:06:09 EDT 2007
> Using your examples:
>
> In 2006, $190 saved in 1924 would be worth:
>
> # $3,371.87 if saved in a short-term asset.
> # $21,164.92 if saved in a long-term asset at a term of 1 years. #
> $21,764.52 if saved in a DJA portfolio.
>
> Isn't right...in either instance you'd have $0 due to the 1929 market
> crash.
Not every stock reached zero during the crash... 'Spose you had bought
GM, Ford, AT&T, Standard Oil, etc in 1928.
You'd have taken a hit in the lunch money budget fer'shure, but not
reached zero. The numbers came from the web site cited.
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