Debates
31 Jul 23
31 Jul 23
@averagejoe1 removed their quoted postHere's the historical returns on the stock market since 1930: https://www.macrotrends.net/2526/sp-500-historical-annual-returns
In only two years in that time did it achieve the returns Joe is talking about the last one being 1954. An average year is something like 10% overall but only 7.5% over the last 30 years.
31 Jul 23
@no1marauder said3.7 of 300k is $11,000. Returns for July Dow, Nasdaq average.
Here's the historical returns on the stock market since 1930: https://www.macrotrends.net/2526/sp-500-historical-annual-returns
In only two years in that time did it achieve the returns Joe is talking about the last one being 1954. An average year is something like 10% overall but only 7.5% over the last 30 years.
A 'history'; of July.
01 Aug 23
@averagejoe1 saidHey Joe look at me crying about some poor soul with 300,000 spare to invest only getting an 11,000 return 🐊😥
3.7 of 300k is $11,000. Returns for July Dow, Nasdaq average.
A 'history'; of July.
Even if that’s what your babbling about
01 Aug 23
@averagejoe1 said3.7% of 300k is 11,100.
3.7 of 300k is $11,000. Returns for July Dow, Nasdaq average.
A 'history'; of July.
And I'm crap at math.
01 Aug 23
@moonbus saidIt was penny stock 20 years ago...and even if you ahd invested in 2020 you would have made a nice sum.
@no1marauder
I wish I’d bought ten shares of Apple 30 years ago. Sigh.
01 Aug 23
1 edit
@suzianne saidWell, if you had saved $15,000 a year for the last 10 years would be 150,000… Which would have netted you about $5000 in July
3.7% of 300k is 11,100.
And I'm crap at math.
01 Aug 23
@averagejoe1 said$5550.
Well, if you had saved $15,000 a year for the last 10 years would be 150,000… Which would have netted you about $5000 in July
You're even more crap at math than I am.
01 Aug 23
1 edit
@ponderable saidApple stock split 7-for-1 in 2020, so, yeah.
It was penny stock 20 years ago...and even if you ahd invested in 2020 you would have made a nice sum.
That 10 shares would be 70.
01 Aug 23
@suzianne saidI said 'about'., You are a meany, I could just scream!
$5550.
You're even more crap at math than I am.