No. of Recommendations: 5
If Joe Investor had invested his $600K in August 2000 he'd have been left with $350K ten years later. (Yes, I cherry picked the dates :).
The above is not correct. If Joe had the worst timing and started with $600K in Aug. 2000, and kept adding $800/mo from his paycheck into his index ETF, he would have $634,678 in his 401K ten years later in August 2010 - that's despite the Dot Com crash and the Great Recession.
I was correct. You changed the rules to arrive at a different result. You can of course keep throwing money at your portfolio to make it look like you made a profit. My point was that, in contrast to the latest magical ten years, the ten years starting August 2000 produced a painful loss for S&P investors.
Elan
