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Dividend Investing vs. S&P Index Fund

Fat Pitch Financials found this 12/13/2008 on valueinvestingnews.com

Part of my kids' college fund is invested in Vanguard's S&P 500 Index Fund (VFINX). When I opened the October statement, I was mildly surprised to see the net asset value had fell below the September 1997 level when the account was first opened. So what would have happened if I had invested ...