Quote:
Originally Posted by GregWeld
Alright Tyler E ---- Just for you I did a little work..... and found via Morningstar a 10 year total return calculator/chart thingy.
I was a bit off on my "guess" of what 10K in KMP 10 year ago would be today -- I guessed 25,000+
So drum roll...........
According to Morningstar -- it would be 62,000 today
Go to this link --- and then just above the "chart" hit the EXPAND tab.
http://performance.morningstar.com/s...&culture=en-us
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Sometimes people think that they missed out on an opportunity because it has already gone up..
Some of my investments if you look back 10 years 10k would be 121k...but that did not stop me three years ago from buying them..
I knew that, or I believed they would continue to rise, so rather than wait or say i missed out, i got in, and let it build up...
I did not get the 10 year rise, but the three year is pretty good too..