Wat? Only 145k since 1969?? I was hoping to be a paper millionaire, minimum. Glad I spent it on (an average of) a couple of cans of beer a day instead.
If you invested $1 a day, starting when you were born
71–80 of 99 posts
Re: If you invested $1 a day, starting when you were born
#72One of my favorite infographics is this one on the New York Time's website. It shows how much you would have made on investments over time.
http://www.nytimes.com/interactive/2011/01/02/business/20110...
Re: If you invested $1 a day, starting when you were born
#73Hey guys... I made the page. Just saw lots of traffic coming from here so figured I'd come check it out. A couple things I figured I should address after reading the comments: 1) Yahoo!'s historic S&P 500 data does not factor in dividends. So the returns would likely be 1-2% higher each year (which over time makes a very big difference). I should probably add a note on the page mentioning this. Here was my conundrum…
Hey Toado, Your webpage gave me a screen takeover popup that was unavoidable on my phone :/ Even hitting back button would re-launch the popup. Chrome on iOS if it helps.
I had one as well. Safari on iOS 9.2.1
Re: If you invested $1 a day, starting when you were born
#74Hindsight forever.
Re: If you invested $1 a day, starting when you were born
#75[deleted]
Re: If you invested $1 a day, starting when you were born
#76> no one does this
> I didn't have that much money when I was a child
> it was hard to invest in the S&P 500 until recently
A lot of you are missing the point. toado85 clearly made this to illustrate the behavior of the stock market in the long term; it's not a suggestion that you literally do what the hypothetical investment is doing.
Re: If you invested $1 a day, starting when you were born
#77I am 65. No one 66 or older can use your site because you don't plan for anyone born before 1950!
It is pretty ridiculous having such an arbitrary cut-off without an explanation. Is no data available for <1950?
Re: If you invested $1 a day, starting when you were born
#78Earlier quoted context omitted.
Hey Toado, Your webpage gave me a screen takeover popup that was unavoidable on my phone :/ Even hitting back button would re-launch the popup. Chrome on iOS if it helps.
Ewww... never heard of that happening. I tested on iPad with Chrome / Safari / Firefox. Is this on iPhone? If so, which one?
Yes, iPhone 5.
I started entering year before popup came up, then wouldn't let get get out and see the actual stuff. Quite annoying.
Re: If you invested $1 a day, starting when you were born
#79[deleted]
Re: If you invested $1 a day, starting when you were born
#80Earlier quoted context omitted.
Where can you find bank interest over the 1.1% ally is offering? Even if you did CD ladders,the last 15 years or so have had interest offerings of < 5%, mostly < 4% on 5 year CDs.
I'm older than 15
I'm not saying you aren't - I'm saying that assuming a 7% apr for the last 15 years from banks is not a good one - a savings accounts and CDs just don't pay out that high. Even if you got some big gains early (80s and early 90s) - the very low compounding rate since 2000 will squash those bank returns.