I was grousing to my wife this evening about the performance of a fund in which we're invested. "Seems like it's always going down", I said. My wife pointed out that the market's been terrible, the last six months, and I said "The fund's been lousy for way longer than that". We dragged out the statements, and I saw where it had peaked at the end of 2007, and had been going down since the first quarter of 2008. "This fund is broadly invested in growth stocks that are in the Dow "she noted. "Why don't you look at the Dow's overall performance for that period?"
So I did.
Oh.
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