An investor who put $10,000 into the S&P 500 index back in 1993 went through:
• The Asian Financial Crisis (1997)
• The Dot-com Bubble (2000)
• The Global Financial Crisis (2007)
• The EU Debt Crisis (2010)
• The Global Pandemic (2020)
• U.S. trade wars with the rest of the world
• Multiple recessions and other shocks
Yet, their initial investment would be worth ~$225,000 today (with an average annual growth rate of ~10%).
