Depends on the "amount" of cash, I have frittered away any chance at making money WITH my money for that same amount of time at .001% in a useless savings account (because I was a chickensh*t). Well, enough is enough, changes are coming to our household finances for 2014......and I'm not getting any younger either!!!
Quote:
Originally Posted by GregWeld
Investors who stayed with stocks from October 2007, before the market crash, to September 2013, would have had a cumulative return, including dividends, of 21%. Haverland estimates that the return on cash over the same period was 3.6%.
In other words --- even if you'd have rode the market to the BOTTOM in '08 and '09 ---- you'd have come out the other side in great shape!
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