You are reporting the following post to the moderators for review and possible removal from the forum

Fact checker
RE: Down goes the Dow

Fact checker wrote:

Ghost of Igloi wrote:


I haven’t run the numbers lately, but I believe if you bought the NASDAQ Composite in 2000 your total return would be annualized at about 2.5%.

The NASDAQ Composite is presently 245% above its low point in 2000.

The original comment referred to buying in 2000. No specific date in that year was given. So I chose the low point generating an annualized return of 7.29%. Choosing the high point gives aan annualized return of 2.36%.

I think it’s safe to say that the vast majority of those who bought in 2000 are somewhere in between those two values.

Hit the submit button below if you want us to review the post.

If you feel this is urgent or want a reply, email us at [email protected] about the post and please include a link to the thread the post is on and what page number/post on that page it is.