Originally Posted by
Bobdn
@thegreatestben, no I havent included any dividends although I dont think it would change things markedly. According to Google, ANZ, for example, is up 96 per cent from 2000. The silly old nzx50 is up 508 per cent from 2003.
I use to own a handful of shares including ANZ, WBC and HGH (or whatever it was called back in the day) and thought I was doing ok until I looked at what the market was delivering.
Some guy on Youtube made this point: Morgan Stanley ws $84.05 in August 2000. Guess what the price was on Friday? $83.95.