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<p>[QUOTE="medoraman, post: 4545924, member: 26302"]Oh course, buying in Today's dollars at 1968 prices always seems like a good deal. However, let's see what else you could have bought:</p><p><br /></p><p>DJIA at 943, today it is 26,156. Wait, there is more! Annual dividend returns are about 2-3%, let's call it 2.5%. Reinvesting these over the last 52 years would have made you about another 17,283 over the years, meaning if you invested 943 your return would have been 43439, a return of 46 times your money, or 4600% increase.</p><p><br /></p><p>The key is to not spend money, but invest money in assets that either kick off an income stream or appreciate, or both. I am not at all saying buying good coins versus wasting money on lobster dinners and vacations is a bad deal, far from it. Just putting it into perspective of OTHER good ideas. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 4545924, member: 26302"]Oh course, buying in Today's dollars at 1968 prices always seems like a good deal. However, let's see what else you could have bought: DJIA at 943, today it is 26,156. Wait, there is more! Annual dividend returns are about 2-3%, let's call it 2.5%. Reinvesting these over the last 52 years would have made you about another 17,283 over the years, meaning if you invested 943 your return would have been 43439, a return of 46 times your money, or 4600% increase. The key is to not spend money, but invest money in assets that either kick off an income stream or appreciate, or both. I am not at all saying buying good coins versus wasting money on lobster dinners and vacations is a bad deal, far from it. Just putting it into perspective of OTHER good ideas. :)[/QUOTE]
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Let's go back to 1968
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