4 ms·
The problem with an example like this is that a (hypothetical) friend of yours could have bought into Apple or Amazon or MSFT back then and had a ton of money n
by vmurthy 4y ago
The problem with an example like this is that a (hypothetical) friend of yours could have bought into Apple or Amazon or MSFT back then and had a ton of money now :) .
I was about to suggest index funds but looks like the FTSE-100 has been sh$t for the last 22 years, too (~10 percent
total return). No luck there for your friend even if he had invested in index funds :(
- tildeon 4y agoI'm afraid you've mixed up "price return" (as in the change in the level of the index - ~6200 in April 2000 to ~7600 in April 2022. (Which is a 22.5% total return)) with "total return" (as in the return when you include dividend payouts - 170% in total, or 4.6% annualized)