Five years ago last week, the Dow bottomed-out at 6,547, says Bloomberg.
If your clients were lucky enough to have invested then, they would be pocketing some substantial gains. But not all gains are created equal.
Take $10,000, which if invested in a broad index fund, would have been worth $30,971 by early this March. Compare that to gold, which would have only made $4,225 on that same $10,000, for a total of $14,225. Income investing would have increased the total to $14,086, Bloomberg reports.
Still, that beats a money market account, which would have netted $26 on the original investment.
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