Originally Posted by
Trip7
20% compounded annually? Don't have the numbers in front of me but I don't think so
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Correct, I wasn’t compounding annually. I didn’t know if either of you were in your calculations.
Originally Posted by
mispoken
this is not a correct statement. Start here and play with the numbers.
https://dqydj.com/sp-500-return-calculator/
12.5% since November 2008
14.75% if you reinvested dividends
dont use my link as your sole source; dig in elsewhere and find if your research jives with this. I always run my annualized returns against VFINX which matches very closely to the above link.
The S&P opened 2009 at 931.80. It closed today at 3647.49. That’s 23% average return per year on a year-by-year basis, not compounding. Are you saying you took the same 931.80 in 2008 and have turned it into 8,300+?