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Average 30 year returns, DJIA and Russell 2000

Discussion in 'The Material World' started by Wandering Monk, Jan 19, 2020.

  1. Wandering Monk

    Wandering Monk Well-Known Member

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    Ending in December 2018, average return over 30 years:

    DJIA: about 7.8%

    Russell: about 10%

    Using the rule of 72, time to double your money based on above returns:

    DJIA: 9.2 years

    Russell 2000: 7.2 years

    If you can sit tight during the worst years (like 2007/2008) you would have doubled your money about 3 times in the DJIA and 4 times in the Russell 2000.

    If you had started out with a one time investment of $10,000 in 1988, today you would have:

    DJIA: $80,000

    Russell 2000: $ 160,000
     
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  2. Salvador

    Salvador RF's Swedenborgian

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    Our Trump-led Trumped-up economy has enabled record high stock market valuations.
     
  3. joe1776

    joe1776 Well-Known Member

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  4. Nowhere Man

    Nowhere Man Bompu Zen Man with a little bit of Bushido.

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  5. Mindmaster

    Mindmaster Well-Known Member
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    Eh, buybacks would increase the price of the stocks but it'd also increase the value of stocks that normal folks held.. lol

    The sad truth is -- if the corporations make money, so do their workers... many of whom have 401(k)'s and stock options. Sure, the rich get richer here but so does everyone else.
     
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  6. Mindmaster

    Mindmaster Well-Known Member
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    Ditto.
     
  7. Wandering Monk

    Wandering Monk Well-Known Member

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    This thread is about a 30 year trend, not something as short term as Trump.

    Some ****ing people have to make everything about politics. Get lost losers!
     
  8. Shaul

    Shaul Well-Known Member

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    Buy low, sell high.
     
  9. Nowhere Man

    Nowhere Man Bompu Zen Man with a little bit of Bushido.

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    Gosh don't tell them the truth.

    It might blow their minds and cause egregious injury.
     
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  10. Salvador

    Salvador RF's Swedenborgian

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  11. Lyndon

    Lyndon "Peace is the answer" quote: GOD, 2014
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    Wages increased slightly because the min wage went up significantly in several democratic states
     
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  12. Salvador

    Salvador RF's Swedenborgian

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    The minimum wage has increased also in some Republican states like Alaska, Arkansas, Arizona, Missouri, Ohio, and South Dakota. ..:)
     
    #12 Salvador, Jan 20, 2020
    Last edited: Jan 20, 2020
  13. Shaul

    Shaul Well-Known Member

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    Wrong.

    “The statistics show that the relationship between being a low-wage worker and a low-income family is very weak. In fact, data from CPS suggests that the majority of poor families with heads of household of prime working age simply don’t work, so a minimum wage has no impact on these families.

    What’s more, a sizable proportion of low-wage workers are new entrants to the labor force, such as teenagers, who are not necessarily in low-wage families. Taking these facts into consideration, basic calculations indicate that a sizable share of benefits derived from a minimum wage increase does not go to impoverished families.

    In fact, if the federal minimum wage was hiked from $7.25 to $10.10, only 18 percent of resultant increases in income would go to poor families (based on 2010-2014 data), meanwhile 32 percent would go to families with incomes more than three times the poverty line. With a $15 minimum wage the corresponding figures would be 12 percent and 38 percent, respectively.

    Several studies have analyzed changes in the poverty rate between states that increase the minimum wage versus those that don’t. The conclusion these studies reveal is that there is no statistically significant relationship between raising the minimum wage and reducing poverty.”

    Minimum wage hikes fail to benefit low-income families

    You have repeatedly aped this liberal talking point. It isn’t true.
     
  14. Lyndon

    Lyndon "Peace is the answer" quote: GOD, 2014
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