Lenny D. answered • 05/28/19
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| 2012 | $578.91 |
| 2011 | $601.53 |
| 2010 | $529.39 |
| 2009 | $340.11 |
| 2008 | $565.71 |
| 2007 | $507.94 |
2008 565.71/507.94 -1 = 11.37%
2009 =-39.88%
2010 = 55.65%
2011 = 13.63%
2012 = = 3.76%
Average = 7.4% however. Over the 5 year period it only grew at a 2.65% compound rate. Tell me Why???
Lenny D.
If you have any questions on this material please feel free to book a session with me as I have been doing it for 30 some-odd years
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05/29/19
Lenny D.
The stock price was very volatile over this. The variance of the stock price acts as a tax on compounding which is why the compound returns are so than the average annual returns05/29/19