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<p>[QUOTE=&quot;GoldFinger1969, post: 2108938, member: 73489&quot;]You really can&#039;t do stock comparisons until the late-1880&#039;s and really the &quot;modern&quot; era begins about 1926 or so.</p><p><br /></p><p>Buying stock before 1900 meant buying individually from the proprietor.&nbsp; You might buy a railroad stock in a railroad that didn&#039;t exist (in a STATE that didn&#039;t yet exist !<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />).&nbsp; Only people in and around major cities and telegraphs could buy and sell with any reasonable certitude.</p><p><b><br /></b></p><p><b>Also, the $1 stock investment is $752K in today&#039;s dollars...it might be $37,000 in 1815 dollars.</b>&nbsp; There were so few trading stocks if any before 1870 that I think anything before then is a waste of time. <b><span style="color: #0000ff"> Until the Industrial Revolution, everything was agrarian and GDP grew about 1% a year.</span></b></p><p><br /></p><p>It wasn&#039;t until the steam engine that Great Britain was able to quadruple GDP growth per annum (4% GDP growth per year).&nbsp; That made equities a better investment than bonds.[/QUOTE]</p><p><br /></p>

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