SPY never splits right? Yet it’s valued at $456. Yet it’s gained on average 10% every for 50+ years.
How is it possible it is only $456 without any splits? How is this a good long term investment when it’s already at its ceiling?
In 1980 SPY was $118. That means somebodies money only x4 over 40 years. So the only way SPY is profitable is through consistent investing to benefit from compound interest?
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