FUEGO
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Nov 13, 2007
- Messages
- 7,746
I'm working on changing up my asset allocation a bit. In the process I was looking at Vanguard's list of all stock mutual funds. I found something surprising. There were ZERO funds that had average annual growth of 0% or less over the last 5 years ending 9/30/2008. There was only one fund with annual growth of 0% or less over the last 10 years ending 9/30/2008. That fund was the US Growth Fund (VWUSX) at -3.33% growth per year over the last 10 yr period.
As much doom and gloom as we hear today, investors in this thing for the long haul aren't doing so bad after all. Sure, if you just started investing one year ago, you're looking at some ugly red numbers today. I'm sure if you cherry-pick a starting date (after September 11, 2001??), you could show how negative your results would have been.
But for folks with 10-20-30+ year time horizons, equities haven't been too bad to be in. Just pondering things and trying to keep it all in perspective...
As much doom and gloom as we hear today, investors in this thing for the long haul aren't doing so bad after all. Sure, if you just started investing one year ago, you're looking at some ugly red numbers today. I'm sure if you cherry-pick a starting date (after September 11, 2001??), you could show how negative your results would have been.
But for folks with 10-20-30+ year time horizons, equities haven't been too bad to be in. Just pondering things and trying to keep it all in perspective...