On 2009-03-14, Wes wrote:
Ignoramus32252 wrote:

S&P 500 in 1966: 93.3
S&P 500 in 2009: 756

CPI Deflator in 1966: 31
CPI Deflator in 2009: 211

S&P 500 annualized capital gain in the last 43 years, inflation adjusted: 0.44% per year.


If the s&p 500 index out performs most money managers, where do you put your savings?
Obviously a savings account isn't it.

S&P 500 paid decent dividends along most of the way, and so it still
returned better than a savings account, with inflation taken into
account. If you sold some when it was expensive, and bought some when
it was cheap, you would have done somewhat better.

I am reading a book from 1999 right now that is called "Dow 36,000",
makes a funny reading. Its authors believed, due to their double
counting math, that stocks were worth several times more than Dow
11,000 implied.


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