One of the most common things I hear from readers is some form of “right now there are too many uncertainties in the global market, and or world”. Well as history’s greatest investor, Warren Buffett said, “You pay a very high price in the stock market for a cheery consensus.” In other words, the stock market, which historically has risen 70% of years, is always climbing a wall of worry.
Between 1950 and today the S&P 500 (including dividend reinvestment) has risen 11.3% CAGR. Or put another way, $1000 invested on January 1, 1950 would be worth $1,212,640 today. During that time here’s what happened: