Part 3/10:
When considering the S&P 500's historical performance, one can observe that a $1,000 investment made in 1921 would now be worth an astonishing $650,000. However, when adjusted for inflation, the long-term return drops to 5,000%, underscoring inflation's vast impact on investment returns over time. Notably, investors have experienced painful periods, with investments made at market peaks suffering dramatic declines over the following decade.