If you’re looking for a reason to invest your money in the stock market, this graph offers a pretty compelling case: Since 1928, the U.S. stock market is up 9.8% per year, including this year’s decline. In other words, $10,000 invested in 1928 would have grown to $66 million today.
I saw a financial advisor I follow on LinkedIn talk about this recently. I like how you've broken it up in your post. I knew investing in the S&P 500 was a long-term play, but it's sobering to see the swings in 3, 10, 20 and 30-year periods. For me, the swings on the 10-year especially reinforce how patient you have to be to take this approach. Thanks for putting this together, Jake.
I saw a financial advisor I follow on LinkedIn talk about this recently. I like how you've broken it up in your post. I knew investing in the S&P 500 was a long-term play, but it's sobering to see the swings in 3, 10, 20 and 30-year periods. For me, the swings on the 10-year especially reinforce how patient you have to be to take this approach. Thanks for putting this together, Jake.