lukestein’s avatarlukestein’s Twitter Archive—№ 2,287

    1. 🚨Unimportant Financial Market Alert🚨 In the next few weeks the S&P 500 index will probably set a record and you’ll see headlines that are fake news. The market ALREADY delivered all-time high cumulative returns FRIDAY📈! If you bought-and-held starting any day EVER, you’re up!¹
      oh my god twitter doesn’t include alt text from images in their API
  1. …in reply to @lukestein
    The INDEX is still below peak, but price changes are NOT returns: stocks also pay dividends. ¹ You invested in S&P 500 stocks, reinvested dividends, paid no transaction costs or taxes? You’re up in nominal (≠real) terms! @lukestein/1113905823032287232