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Max5

10,927 Posts.

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13/03/22

16:56

Post #: 60164716
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Originally posted by sydneyguy: ↑

Ok so whilst i wait for you to clear that up

which will be that you wrote that no me

forget about capitalization- I know how indexes work

it’s simple 1972

( first change in dow since 1959 is 1976)

so you buy 100 dollars worth of shares of each of the companies listed that would have been in the dow
View attachment 4176248 View attachment 4176251 View attachment 4176254

now follow all those companies - divs - capital requests - capital adjustments - government moves- etc - wipeouts

you will probably find some aren’t in the dow now- but you already know that-

you will see some capital would be gone - blown up -

if you reinvested the divs as presumed in those simplistic graphs - you got no income it was paid in shares - so therefore big hits taken on some of those names

ie

Divs reinvested into shares all that time only to be wiped

Kodak
Gm taken over by government and existing capital squashed
Union carbide
Jist Some examples

that’s the real comparison

nothing will beat a basket that is always changed when poor performing companies which don’t add to the index are removed or new bigger growth stocks come along

then compare that to 3000 worth of gold purchased

it won’t be 16000 percent vs gold in that timeframe

as I said it’s all about when you get in or out of anything and comparing a basket that changes constantly since a comparison began Jist delivers irrelevant inaccuracy info

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You'd think someone who's been around for so long and has had this all explained to him many, many times before would finally 'get it' but alas, no it seems.
4 Upvote

0 Great analysis

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White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

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Buxton projects new graphite province discovery at WA Narryer play

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