I wonder what the return average for this index has been over the last three years. Week of Aug 18th close 2003 was 1818, so today we are @ 2094. I will call it 15% gain in three years for an average gain of 5% per year, humm that sux. Minus the big run today, we are looking @ 4.3% per year.
Returns are sometimes big sometimes small and there is nothing I can do about it. What I get is what I get. Jesse Livermore in Reminiscences Of A Stock Operator describes a period of four years about 1911 to 1914 when prices show little change. Prices sometimes do not change much.
I totally agree, we are returning the the normal rate of return from the markets 6-9 % then factor in all your maintenance fees, management fees commissions, subtract for dividends, add for tax on dividends and their you have it 7% thats if your lucky and bought at the right time.