A Baby Boomer who was an adult in 1980 and held onto the S&P 500 until today would have seen their money multiply around 60x nominally but when adjusting for inflation, the real gain would be only about 13.5x except core amount of investing
A Baby Boomer who was an adult in 1980 and held onto the S&P 500 until today would have seen their money multiply around 60x nominally but when adjusting for inflation, the real gain would be only about 13.5x except core amount of investing
You have to run hard and fast to outpace the inflation monster.