You are so right! I posted yesterday with the same chart trying to give my 2 cent worth to the young ones.
It is more how long you are in it to harness the most powerful force in the universe, compounding.
Evidence below:
S&P 500 Stock Market Index Historical Graph
Chart - Z1P, page-4676
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 (20min delay)
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Last
$2.31 |
Change
0.050(2.21%) |
Mkt cap ! $3.015B | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.41 | $2.30 | $28.87M | 12.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 223142 | $2.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.32 | 101520 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |