Re: Why Sklansky\'s idea should not work
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According to my compounding calculator the interest rate on 60 over 100 years that would amount to 10,000 is 5.25.
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You failed to include dividends. Until recently dividends for the Dow tended to exceed 3% annually.
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When you're right, you're right.
I don't how I would compute the return w/ divs, as different companies comprised the dow over the years. It would take mucho to get all that info.
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