News » January, 2011 » 20 January 2011
Stock Exchange has multiplied investors' money 31 times in 12 years
20.01.2011, 23:41 | Capital Markets | 949 views
If an investor had placed an amount evenly distributed in 12 of the most liquid and longest enduring shares in the 1st tier of the Bucharest Stock Exchange between 1999 and 2002, the value of shares in the portfolio would have increased more than 38 times by the end of last year and 31 times in real terms, according to a ZF analysis based on data supplied by Intercapital Invest. With the same amount of money placed in bank deposits at the beginning of 1999, the investor would have boosted their fortune only 5.7 times and would have made a 20% loss in real terms because inflation exceeded the amounts offered by banks during the same period. Read more on ZF.ro
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