"With 42 trading days to year-end, S&P 500 needs a 42% gain to break even for the decade."
No. Counting dividends, the S&P needs a gain of about 19% to break even since December 31, 1999. Why do investment professionals routinely neglect to include dividends in this kind of calculation?
This news story has 9 comments:
On Nov 02 09:29 AM JasonGordon wrote:
> I'm going to go out on a limb and say that will not happen.
But most likely, another lost decade. "Two for one," this time. And as Enigmaman rightly pointed out, "the last time" was the 1930s.
On Nov 02 09:33 AM MarketGuy wrote:
> ...and needs a 42% loss to be fair valued.
Hypothetically, if we had a 42% gain, would this represent a nominal or inflation adjusted break even point?
No. Counting dividends, the S&P needs a gain of about 19% to break even since December 31, 1999. Why do investment professionals routinely neglect to include dividends in this kind of calculation?
Just like the wedding of Tiny Tim (Tiptoe Through the Tulips) in December 1969 foreshadowed the anemic 1970s. (Dutch Tulip bulbs anyone)?
And a similar Las Vegas :"celebrity wedding in say, 2030, will signal much the same.
Sources:
www2.standardandpoors....
ftp://ftp.bls.gov/pub/...