"To illustrate this, let's say that you had invested $10,000 in a low-cost S&P 500 index fund in 1980. Since Jan. 1, 1980, the S&P 500 index has generated a total return of approximately 7,670% as of this writing. This translates to a 12.1% annualized rate of return.
Assuming an expense ratio of 0.1% on your index fund (you can find even lower costs now), this means that a $10,000 investment would have turned into just over $760,000 as of Feb. 1, 2018."
At this date it would be 1.27 mil
Uh yea, they probably did, but I really wanted that kewl British sports car.
"We grow too soon old and too late smart."
Edited by Stout_fan, 12 July 2021 - 07:46 PM.