Ghost of Igloi wrote:

Fact checker wrote:

Ghost of Igloi wrote:

Fact checker wrote:

Wait what? wrote:

Ghost of Igloi wrote:

Yet S&P 500 Index return since January 1, 2018 is only 2.9%.

Wow! It’s only April and it’s up 2.9%. This is great!

It’s actually 8.3% and that doesn’t include dividends.

You be wise to check your facts: https://dqydj.com/sp-500-return-calculator/

I ran my numbers again. I was right. You were wrong.

Calculator is thru 4/5/2019 so what I originally quoted is incorrect. However your and Seattle numbers are way off. Here is the math for pure S&P 500 Index return, not dividends reinvested.

Close 12/31/2017 = 2,743.15

Close 4/16/2019 = 2,907.06

The difference is 163.91. 163.91 / 2,743.15 = .05975247% (gross return, not annualized)

.05975247 / 471 (number of days since 12/31/2017) = .00012686 (daily return)

.00012686 x 365 = .04630499%

So S&P 500 Index Return January 2018 thru today 4.6%

Your and Seattle’s mistake, I suppose, was incorrectly using the first day’s open trade.

Igy

If you move that back by just a week to 12/24/2018 then the SP500 is up an insane amount. There's no denying that it's skyrocketed up in the first ever V recovery in history. A literal -20% from ATH bear market and out of that in like 2 months.