I have seen a study/chart that showed if you stayed fully invested in the stock market for 10 years or more, you would have had a 100% chance of being profitable.
2007-11-10 03:48:36 · 5 answers · asked by Jerry C 1 in Business & Finance ➔ Investing
http://www.tommcmahon.net/images/djiagraph1980s.gif
http://www.stockcharts.com/charts/historical/images/djia1900s.png
2007-11-10 03:52:14 · answer #1 · answered by free_beer_tonite 3 · 0⤊ 0⤋
First, till you parent cosign an account for you, you wont be doing any making an investment till you're 18. there is not any uncomplicated wayto get funds rapid; and it is not fairly uncomplicated to get to a million in some years. I issues you prefer some extra years to be attentive to how the international works. If I have been you; i could use between the web pages outthere that permits you to crate a fictional portfolio and mess with that for a 365 days or 2 earlier you placed your very own income. And my very own advice; use your funds to have a reliable time. there is plently of time to start acculuating wealth beginning on your late 20's. you wont get decrease back your intense college and school years, so use your funds to subsidize the stable circumstances.
2016-11-11 00:58:51 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Look at finance.yahoo.com
That statement is for the average. If you invest everything in a stock that goes bust, obviously you could lose.
2007-11-10 04:19:47 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
Let me guess, the person who showed you that chart was trying to sell you something.
2007-11-10 10:59:01 · answer #4 · answered by Timothy C. Schewe 2 · 0⤊ 0⤋
only successful, if you invested in the index...........there are over 10000 individual stocks....some up.some down.............yahoo stocks.....get the 10 year chart for the Dow........
2007-11-10 03:57:02 · answer #5 · answered by richard t 7 · 0⤊ 0⤋