Chart of the Day: Stocks From 1824 to Today
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Today’s Chart of the Day comes from Bank of America research provided by Ibbotson, which is an investment research company. It is a nice follow up chart to the View from the Top of the Hill presentation we recently provided. In the post, it's noted that $1 invested in U.S. large company stocks in 1824 was worth $16 million in October 2023 with dividends reinvested. This is a sharp illustration of the power of compounding interest and total return. It would be interesting to see the return for the next 200 years.
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