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Tag: Mutual Funds

That at least is what I found upon feeding into my PC’s statistical package the yearly returns for the Dow Jones Industrial Average  since it was created in 1896. Of the 119 calendar years since then, the stock market has risen 78 times — or 65.5% of the time, on average. Following calendar years in which the stock market rose, in the next calendar year it rose in a statistically equivalent 65.4% of the time.

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