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Post by Broozer on Oct 22, 2023 18:09:02 GMT
In a car forum we're talking about how much some classic cars appreciate, and of course it depends on which particular car. Some guys are calling them an asset, which they might be, but how good of an asset?
I'm saying that the S&P, over 10-20-30 years would be a better investment than the vast majority of classic cars. I'm trying to find -- STARTING WITH $10,000, or any dollar number -- what that number would be today, 30 years later with all returns reinvested. I've tried Schwab, Mstar, and this site, but can't find this particular way of bringing it up.
There must be some site (maybe paid?) that will calculate this for you. Ideas?
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Post by fishingrod on Oct 22, 2023 18:21:12 GMT
Morningstar's chart will do it. Use VFINX for the SP500. www.morningstar.com/funds/xnas/vfinx/chartFrom inception of VFINX in 1976 $10K turned into $1,352,830.57
10 Yrs- $28,689 Using 10/22/2013
20 Yrs- $59,352 -2003
30 Yrs- $157,434 -1993
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Post by yogibearbull on Oct 22, 2023 18:25:04 GMT
Using M* Charts, for VFINX (SP500) with reinvestments,
10/31/1993 $10.00K 10/31/2003 $26.41K (10 yrs) 10/31/2013 $53.16K (20 yrs) 10/20/2023 $152.32 (30 yrs)
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Post by Broozer on Oct 22, 2023 19:12:53 GMT
Thanks guys, that answers my question. This isn't something I normally try to look up, so I guess I didn't spend enough time with Mstar's charts. fishingrod, yogibearbull,
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Post by archer on Oct 22, 2023 21:59:13 GMT
Fidelity charts since inception as well. PV and Stockharts.com kinda do as long as the fund is newer than it's lookback time.
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Post by yogibearbull on Oct 22, 2023 22:10:27 GMT
Free PV data go back to 1985.
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