THIS IS MONEY

£1 invested in the stock market in 1802 could have grown to more than £43 million by 2021, highlighting the extraordinary power of long term investing. 📈💷 The figure is based on research by economist Jeremy Siegel, whose analysis found that £1 invested in a broad portfolio of US stocks in 1802, with dividends continually reinvested, would have grown to more than £43 million by the end of 2021. Over more than two centuries, US stocks have historically delivered average annual returns of roughly 6.5% to 7% after inflation. The calculation is often used to demonstrate how compounding can transform relatively small investments over extremely long periods. However, historical returns do not guarantee future performance, and researchers have challenged some of the assumptions behind estimates stretching back to the early 1800s. #ThisIsMoney #Money #News #UK