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SPDR S&P MidCap 400 ETF Message Board

  • varia_nada varia_nada Jul 10, 2012 8:55 PM Flag

    550% total return since inception?

    Recently read an article (I forget the title), sort of about "best ETFs", MDY was one of the 5 ETFs picked by the author with an estimated approx. 550% total return since its inception in 1995, is it true?

    Can some long time investors who know well about this ETF (and good at the calculator)comment on that please?

    I invested my 403B biweekly contribution in 500 index fund (choice of the 403B plan)for over 10 years (during that lost decade) with dividends reinvested and gained $200 (two hundred dollars) when I converted into Roth and had to pay about 14K (over 20% tax) for the conversion.

    Am thinking of investing some of my hard earned money in MDY, wise? what's the good entry point?

    Appreciate your thought, thanks in advance.

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260.16+0.90(+0.35%)Sep 18 4:00 PMEDT

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