Traditional wisdom and wall street marketing machine wants us to believe in the mythical 10% of  growth if you buy and hold stocks.
Check out this article which debunks that myth.Here is the punchline from the article
"Taking inflation and dividends into account, an investor who put money into the market any time after the end of 1996, and held on, now has less value than when he or she started."
Read the full article @  http://nytimes.com/2009/02/07/business/07charts.html?_r=1

posted at: 04:10 | category: /personalfinance | permanent link to this entry