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newnewpdro
2963 days ago
Parent is stating $5k in 1943 dollars is $70k in 2018 dollars (a claim I did not verify).
1 comments
garmaine
2963 days ago
6.2% would be inflation adjusted returns. Actual inflation adjusted returns were 7.4%. So investing the equivalent of $5k each year from then until now (so starting at $350 or whatever) would yield >$8.2M.
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