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You have to be pretty good to pick individual stocks which will perform well on a 70 year timeline. Are there even more then 20 companies that have been publicl
by oijaf888 14y ago
You have to be pretty good to pick individual stocks which will perform well on a 70 year timeline. Are there even more then 20 companies that have been publicly traded in the US for that long?
- anovikov 14y agookay, okay, i got your point. Yes as long as the fund is a really low fee one, like Vanguard's ones with around $10 per $10000 a year invested, that's nearly an equivalent to a stock market minus the pain of balancing the portfolio yourself.
- mynameishere 14y agohttp://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average#History http://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average#Hi... If you bought the original djia in 1896 and were still alive you'd be very wealthy.