performance of the shares in the index AT the time.
but They change them all the time, since 1896 the Dow has expanded significantly, many compnaies have been bought out, gone broke and replaced
Its like comparing the ASX 200 from ASX 200 a few months ago, number has changed but there was a monster amount of changes to what made up the end number
So as I've said for years, simple comparative charting such as the one put forward is totally misleading. / meaninless Stocks up x% compared to Gold since 1896
Given the reference was 1896 but no reference label I assume we are talking about the Dow Jones index which was first formulated and calculated then
So, compare this
Invested $100 USD in 1896 in Gold
And Invested $100 USD in the following stocks being the DOW
- American Cotton Oil
- American Sugar
- American Tobacco
- Chicago Gas
- Distilling & Cattle Feeding
- General Electric
- Laclede Gas
- National Lead
- North American
- Tennessee Coal Iron & RR
- U.S. Leather
- United States Rubber
Assuming gold today 1750 USD,
Assuming I did nothing and today looked at my share certificates and went to sell them, how much did I get back? Let me know
