Quote:
Originally Posted by Flames in 07
I don't have the data on this computer but I seem to remember that in the last 50 years the TSE has never done worst than about 7% over a 5 year period ... NEVER DONE WORSE. Pretty much anyone with a pulse can earn 6 or 7 percent ... but again remember it's not 6, it's more like 4.
Just checked, every mutual fund I am in has done better than 6% in the last 5 years. Each and every one.
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4%? How do you figure? Include the management fees and put a cherry on top to make it worth it. Remember, you don't just want to break even with what a mortgage costs you, you want more.
And 5 years is not long term. I have a fund that's done double digits in the last 3 years, but that's not a rule for all funds. Also don't forget, some funds have up to 2% management fees.