Monday, January 04, 2010
If you had invested $10,000 on December 31, 1999...
What $10,000 invested 12/31/1999 would be today across various investable thingies:
- S&P 500: $9,090
- Venture capital: $8,800 (for 1999 vintage funds)
- 10-year Treasuries: $18,000
- Raw materials: $13,803
- Gold: $37,852
If, of course, you had put all 10,000 eggs in one basket, which would not have been wise.
Link.
8 Comments:
, atAnd corrected for inflation it woud be??
By Brian Schmidt, at Mon Jan 04, 11:03:00 AM:
Gold is a huge bubble right now. I've never shorted anything before and make no claim to be a sophisticated investor, but this seems like an obvious opportunity.
, at
Using the CPI calculator from the BLS (http://data.bls.gov/cgi-bin/cpicalc.pl), the inflation-adjusted amounts and returns are below (in 2000 dollars):
Type Value Return
S&P 500 7214 -28%
Venture capital 6984 -30%
10-year Treasuries 14286 43%
Raw materials 10955 10%
Gold 30041 200%
By Georg Felis, at Mon Jan 04, 05:51:00 PM:
Quick glance at the market returns for the Federal Thrift Savings fund. Feds are not rolling very high on the hog either.
By JPMcT, at Mon Jan 04, 08:45:00 PM:
This comment has been removed by the author.
By JPMcT, at Mon Jan 04, 08:47:00 PM:
Of course, $10,000 invested in the Social Security Trust Fund would be worth....NOTHING!!!
, at
Back in Sept 99 My wife wanted to invest in our favorite fruit company, Apple. I have horrid luck with investing so I offered her $5k to invest in her name to avoid my bad mojo.
At that time the stock was selling for ~ $15.
Yesterday AAPL closed at $214
My wife decided it was too risky and never pulled the trigger on the stock purchase!
That $5,000 investment would be worth ~ $71,000 (ain't hindsight beautiful?)
If you had invested $10,000 in July 1st 1997 when Apple was hurting, that would have been worth over $849,979 today September 29, 2010.