S&P 500 gains since 1966
On Fri, 13 Mar 2009 19:03:00 -0500, 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.
Iggy. Was '66 a down or up year for the Index? That is are we
comparing two bottoms or a top value to a bottom value?
Is there a better place to put savings where it will beat inflation?
For anybody above the lowest tax bracket, stocks are a better place to
save than a savings account for tax reasons alone since stocks are
taxed at a lower rate than dividends in order to encourage people to
invest in our companies.
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