Ghost of Igloi wrote:
Fact checker wrote:
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.