[ExI] s&p 500 growth, was: RE:

[John Clark]

On Sun, May 8, 2016 at 6:45 PM, spike <spike66 at att.net> wrote:



​​>… Since 1974, the year Dumb Donald inherited his money from
>> ​
>> ​much smarter ​Fred Trump, the S&P 500 has gone up 74 fold
>> ​
>> f Donald had just put that money in a simple S&P index fund in 1974 and
>> then sat on his hands for 42 years today he'd be worth well over 10 billion.
>
>
>
> ​> ​
> I am getting 21.4 fold increase since 1974:  2057/96 = 21.4
>
>
​That doesn't count reinvestment of dividends. My 74 fold figure was a
little out of date, from April 1974 to April 2016 it's 75.7 fold.
See for yourself:

https://dqydj.com/sp-500-return-calculator/

 John K Clark
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