Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

If You Invested $1,000 in Bitcoin 5 Years Ago, This Is How Much You'd Have Now

TheMotleyFool

0 0

Index investing is a great approach, but you can do even better with specific stocks or cryptocurrencies from time to time.

Let's say you invested $1,000 in an index fund tracking the S&P 500 (SNPINDEX: ^GSPC) index 5 years ago. The SPDR S&P 500 ETF (NYSEMKT: SPY) is one popular option with minimal management fees and a stellar history of reflecting its chosen index.

If you reinvested dividends into more shares of the exchange-traded fund (ETF) over time, you would have doubled your money by now. That's an average annual return of 15% -- well above the 10-year average at 12% or the 10% annual returns since the ETF was introduced 41 years ago.

Source Fool.com

Like: 0

BTC

Share