04-30-2015, 07:44 AM
I did some more Googling this morning trying to answer the question. Of course, still bombarded with recent history but I did find one unrelated nugget.
Yes, truly astonishing. That's an 18 year period at 15% growth and it included the 1987 crash.
When things came crashing down in 2000-2001 I said to myself I'll never see that again in my lifetime. I think I may be right.
Quote:From the market bottom in 1982 to the peak in 2000, the S&P 500 increased by an astonishing annualized rate of 15% in nominal terms.
Yes, truly astonishing. That's an 18 year period at 15% growth and it included the 1987 crash.
When things came crashing down in 2000-2001 I said to myself I'll never see that again in my lifetime. I think I may be right.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan