Actually a little over 5% per year...better than you can get at the bank these days. I finallly see @tobijohn 's strategy...he's beating the bank
Re: Gibson ES-120t
Posted: Sun Sep 08, 2024 1:13 am
by tobijohn
FWIW, $150 in 1961 is the equivalent of $1578 today. And not to be a buzzkill but $150 worth of the S&P 500 in 1961 adjusted for inflation would be worth $7657 today...
Re: Gibson ES-120t
Posted: Sun Sep 08, 2024 2:41 am
by Tonray's Ghost
tobijohn wrote: ↑Sun Sep 08, 2024 1:13 am
FWIW, $150 in 1961 is the equivalent of $1578 today. And not to be a buzzkill but $150 worth of the S&P 500 in 1961 adjusted for inflation would be worth $7657 today...
If I had only known this when I was 3 years old, I would never have bought that '61 burst