Timing really is everything

Investments take time to pay off!

Heading this month’s issue of Money Sense, I came across a startling stat – makes me wonder if it is really true. Here it is verbatim.

$6,647 – what $1,000 invested in the S&P 500 on Jan 1, 1990 was worth at the end of 1999, including dividends.

$662 – what $1,000 invested in the S&P 500 on Jan 1, 2000 was worth at the end of 2009, including dividends.

Tells you that a ten year holding period is really not enough time for your investment to pay off. It might, but it may not.

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​Ross Taylor
One of Toronto/GTA's Most Trusted and Knowledgable Mortgage Agents

Ross Taylor is recognized by his peers as one of Canada's pre-eminent difficult mortgage specialists. His ASKROSS blog and column ​ in Canadian Mortgage Trends are focused on the intersection between mortgage financing and personal credit.

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