Stock market gains aren’t what they seem

Published: July 23, 2013, 1:24 a.m.

The Dow Jones Industrial Average hit a new all-time high on Thursday, closing at 15,549. This represents an increase of 9,001 points, or 137.5% since it closed at a low of 6,547 on March 9, 2009 following a 17-month tailspin. This equates to a dizzying average annual increase of 31.25% over the last 4.4 years. […] The post Stock market gains aren’t what they seem appeared first on Retirement Income Center.