If you invested $70000 in the S&P 500 at the beginning of 2008, you would have about $256,352.88 at the end of 2022, assuming you reinvested all dividends. This is a return on investment of 266.22%, or 9.15% per year.
This lump-sum investment beats inflation during this period for an inflation-adjusted return of about 169.77% cumulatively, or 6.92% per year.
If you used dollar-cost averaging (monthly) instead of a lump-sum investment, you'd have $328,833.90.
Ill_Possible_2628 t1_j2dg2if wrote
Reply to comment by 4x4is16Legs in Weekend Help and Victory Thread for the week of December 30, 2022 by IndexBot
If you invested $70000 in the S&P 500 at the beginning of 2008, you would have about $256,352.88 at the end of 2022, assuming you reinvested all dividends. This is a return on investment of 266.22%, or 9.15% per year.
This lump-sum investment beats inflation during this period for an inflation-adjusted return of about 169.77% cumulatively, or 6.92% per year.
If you used dollar-cost averaging (monthly) instead of a lump-sum investment, you'd have $328,833.90.