this post was submitted on 22 May 2026
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[–] boonhet@sopuli.xyz 5 points 1 day ago (2 children)

However, if you'd invested 2500 in 1990, it would be worth more than 6300.

[–] MrGeneric@lemmy.today 1 points 23 hours ago (1 children)

Just as long as you didn’t have an emergency or retire in 2008 or the 10 years it took to recover

[–] boonhet@sopuli.xyz 2 points 19 hours ago* (last edited 19 hours ago)

Highest month end price in 1990 vs lowest in 2009 is still 2x growth for s&p 500, which is less than 6300, but not as bad as one might think the crash was. From then on if you wait 3 years you pretty much double it again.

Of course the rich people who could afford to invest in 2009 have now 10x’d their investment. Most of us can’t really do that (invest during a downturn) unfortunately.

[–] adarza@lemmy.ca 5 points 1 day ago (1 children)

in an s&p500 index fund, a hell of a lot more.

[–] msage@programming.dev 1 points 23 hours ago

nasdaq100... just wait a couple of months