Today 1:32 pm
Just stop.Fuelman » 8 minutes ago » wrote: ↑ You are correct, it is pointless to bring up Obama.
We are well into the 3rd phase of compounding interest and reinvestment. Being aggressive savers for many years made whoever is President irrelevant. All we need is average long term returns to remain fairly stable and money magic happens. That growth will overtake our income soon.
It's a good place to be, and getting there is not rocket science.
From January 2009 to January 2017, the S&P 500 generated a nominal price return of approximately 152.4% (rising from roughly 825 to 2,278). When including reinvested dividends, the total return over this eight-year span increased significantly higher, roughly doubling the price-only performance.