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The Nikkei 225 may be below its 1989 peak in price terms but you can’t ignore the dividends which an actual investment in the index would have paid during that
by tokyoseb 1y ago
The Nikkei 225 may be below its 1989 peak in price terms but you can’t ignore the dividends which an actual investment in the index would have paid during that period. On a total return basis (if you had reinvested the dividends into the index as you received them) the Nikkei passed its 1989 peak in 2021.
- deanmoriarty 1y agoI struggle to understand why an educated crowd like HN routinely forgets dividends when posting any sort of financial charts. Total returns are what matters.
- andrewmcwatters 1y agoI don’t know how many people in tech you’ve worked with, but the number of other people I’ve interacted with who actually read quarterly reports of publicly traded businesses has been exactly zero.
- floundy 1y agoMy point still stands, as the original comment was discussing the risk of loss over 30 years, with no additional investment that was 32 years of the investment being below its peak value.