|
Historical
Average Returns
Of the Stock Market
US Stock Market Average Annual Returns
Source: Ibbotson
Associates
|
"Time in
the Market" Versus "Timing the Market,"
30 year period 1963-1993
Source: University of
Michigan
|
History of the Dow Jones
Industrial Average
1900-2005
NASDAQ Composite Index Performance
1938-2004
|
Date
|
High
|
Low
|
Close
|
|
12/31/1938
|
6.44
|
5.65
|
6.09
|
|
12/31/1939
|
6.78
|
5.35
|
6.71
|
|
12/31/1940
|
7.36
|
5.79
|
6.82
|
|
12/31/1941
|
7.05
|
5.64
|
5.64
|
|
12/31/1942
|
6.22
|
5.31
|
6.15
|
|
12/31/1943
|
7.85
|
6.20
|
7.51
|
|
12/31/1944
|
9.31
|
7.64
|
9.31
|
|
12/31/1945
|
12.65
|
9.32
|
12.39
|
|
12/31/1946
|
13.81
|
10.05
|
11.03
|
|
12/31/1947
|
12.07
|
10.15
|
11.64
|
|
12/31/1948
|
12.15
|
10.57
|
10.57
|
|
12/31/1949
|
11.31
|
8.93
|
11.31
|
|
12/31/1950
|
13.89
|
11.00
|
13.89
|
|
12/31/1951
|
16.29
|
13.93
|
15.34
|
|
12/31/1952
|
15.96
|
14.47
|
15.55
|
|
12/31/1953
|
16.01
|
14.26
|
15.17
|
|
12/31/1954
|
22.07
|
15.20
|
22.07
|
|
12/31/1955
|
25.86
|
21.86
|
25.46
|
|
12/31/1956
|
30.20
|
25.33
|
28.35
|
|
12/31/1957
|
30.54
|
22.97
|
23.11
|
|
12/31/1958
|
32.83
|
23.37
|
32.71
|
|
12/31/1959
|
35.22
|
32.58
|
34.97
|
|
12/31/1960
|
35.14
|
30.69
|
34.46
|
|
12/31/1961
|
46.29
|
34.23
|
45.37
|
|
12/31/1962
|
46.36
|
32.20
|
38.56
|
|
12/31/1963
|
46.78
|
38.60
|
46.44
|
|
12/31/1964
|
58.06
|
46.74
|
57.17
|
|
12/31/1965
|
69.36
|
55.71
|
66.98
|
|
12/31/1966
|
68.04
|
54.45
|
63.93
|
|
12/31/1967
|
83.09
|
63.93
|
80.94
|
|
12/31/1968
|
103.65
|
72.62
|
101.80
|
|
12/31/1969
|
105.24
|
82.34
|
99.39
|
|
12/31/1970
|
101.95
|
66.57
|
89.61
|
|
12/31/1971
|
114.12
|
89.06
|
114.12
|
|
12/31/1972
|
135.15
|
113.65
|
133.73
|
|
12/31/1973
|
136.84
|
88.67
|
92.19
|
|
12/31/1974
|
96.53
|
54.87
|
59.82
|
|
12/31/1975
|
88.00
|
60.70
|
77.62
|
|
12/31/1976
|
97.88
|
78.06
|
97.88
|
|
12/31/1977
|
105.05
|
93.66
|
105.05
|
|
12/31/1978
|
139.25
|
99.09
|
117.98
|
|
12/31/1979
|
152.29
|
117.84
|
151.14
|
|
12/31/1980
|
208.15
|
124.09
|
202.34
|
|
12/31/1981
|
223.47
|
175.03
|
195.84
|
|
12/31/1982
|
240.70
|
159.14
|
232.41
|
|
12/31/1983
|
328.91
|
230.59
|
278.60
|
|
12/31/1984
|
287.90
|
225.30
|
247.35
|
|
12/31/1985
|
325.16
|
245.91
|
324.39
|
|
12/31/1986
|
411.16
|
323.01
|
348.81
|
|
12/31/1987
|
455.26
|
291.88
|
330.47
|
|
12/31/1988
|
396.11
|
331.97
|
381.38
|
|
12/31/1989
|
485.73
|
378.56
|
454.82
|
|
12/31/1990
|
469.60
|
325.44
|
373.84
|
|
12/31/1991
|
586.34
|
355.75
|
586.34
|
|
12/31/1992
|
676.95
|
547.84
|
676.95
|
|
12/31/1993
|
787.42
|
645.87
|
776.80
|
|
12/31/1994
|
803.93
|
693.79
|
751.96
|
|
12/31/1995
|
1069.79
|
743.58
|
1052.13
|
|
12/31/1996
|
1316.27
|
988.57
|
1291.03
|
|
12/31/1997
|
1745.85
|
1201.02
|
1570.35
|
|
12/31/1998
|
2192.68
|
1419.12
|
2192.68
|
|
12/31/1999
|
4069.31
|
2208.05
|
4069.31
|
|
12/31/2000
|
5048.62
|
2332.77
|
2470.52
|
|
12/31/2001
|
2859.15
|
1423.19
|
1950.40
|
|
12/31/2002
|
2059.38
|
1114.11
|
1335.51
|
|
12/31/2003
|
2009.88
|
1271.47
|
2003.37
|
|
12/31/2004
|
2175.44
|
1752.49
|
2178.34
|
Source:
Global Financial Data
|