If you invested $1,000 in S&P 500 at the bottom of the 2008 crisis, here’s how much you’d have now
The post If you invested $1,000 in S&P 500 at the bottom of the 2008 crisis, here’s how much you’d have now appeared on BitcoinEthereumNews.com.
The S&P 500, widely recognized as a benchmark for the U.S. stock market, has long been a preferred choice for investors seeking stable, long-term growth. Representing 500 of the largest publicly traded companies in the United States, the index provides inherent diversification and exposure to blue-chip stocks while offering significant growth potential. The legendary investor Warren Buffett has consistently championed the S&P 500, calling it “the best thing to do” for most people who want to participate in the stock market. With the index recently hitting an all-time high, many are left wondering how much an early investment in the S&P 500, particularly during the financial crisis lows of 2008 – 2009, would be worth today. S&P 500 YTD chart. Source: Google Finance As of the market close on December 17, the index stood at 6,050.61, boasting a remarkable year-to-date gain of 27.57% and an impressive five-year growth of 87%. How much would a $1,000 investment be worth today? Although direct investment in the S&P 500 is impossible, investors can replicate its performance through index funds like SPDR S&P 500 ETF (SPY) or Vanguard S&P 500 ETF (VOO). Considering the historic lows of the 2008-2009 financial crisis, the long-term potential of such an investment becomes evident. An investment of $1,000 in the SPDR S&P 500 ETF at its low on March 9, 2009, when the S&P 500 index stood at 676, and SPY was priced at $67.95, would have acquired approximately 14.72 shares of SPY. Fast forward to December 17, 2024, with SPY now trading at $604.29, the initial $1,000 investment would have grown to approximately $8,460. This represents an impressive 789.32% increase, highlighting the remarkable recovery and growth of the index over the past 15 years. What is next for the S&P 500 in 2025 As the S&P 500…
Filed under: News - @ December 18, 2024 12:21 pm