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“I bought my first stock when I was 11 years old,” Buffet starts out. It was 1942, and he only spent $114 for three shares. “If I put that $114 in the S & P 500,” Buffet continues…”and reinvested the dividends.” He then calculates… It would be worth $400,000 today. That’s the power and simplicity…
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“I bought my first stock when I was 11 years old,” Buffet starts out. It was 1942, and he only spent $114 for three shares.
“If I put that $114 in the S & P 500,” Buffet continues…”and reinvested the dividends.”
He then calculates…
It would be worth $400,000 today.
That’s the power and simplicity of investing in the S & P 500.
As of the latest update, the S&P 500 is at $5,274.17, showing an increase of 74.67 points (+1.44%) on the day. (Source: https://www.investing.com/indices/us-spx-500)
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