3 ms·
I bought in around 2012, so I didn't gain anything to speak of over the second Obama term. I'm in Vanguard total market index funds.
by thrower123 8y ago
I bought in around 2012, so I didn't gain anything to speak of over the second Obama term. I'm in Vanguard total market index funds.
- NLips 8y agoVanguard total stock market index VTSMX 2012 low: 31.76 2012 high: 36.72 2016 low: 45.03 2016 high: 57.17 2016 high pre-election: 54.84 So the worst you possibly could have done between 2012 and 2016 was a 22.6% gain. Using more middling points of 36 and 50, you'd have gained almost 39%. Annualised (rounding up to 4 years) that's between 5 and 8.5%. The stock market has climbed at a steeper average rate since then, but "didn't gain anything to speak of" is misleading.
- thrower123 8y agoYeah, this isn't even close to the real performance I've seen. I was at basically zero growth for years, but as soon as Obama left, things jumped.
- etrautmann 8y agoThis is obviously made up, as indicated by the metrics stated above.
- rchaud 8y agoThe Vanguard Total Stock Market Fund (VTI or VTSMX) increased 66% between Oct 2012 - Oct 2016 [1]. That's a 10.1% CAGR. Are you sure you "didn't gain anything to speak of"? [1]: https://investor.vanguard.com/etf/profile/vti https://investor.vanguard.com/etf/profile/vti