If You Invest $1,000 in VOO Right Now and Never Touch It, Here's What History Says You Could Have in 25 Years
Past performance isn't guaranteed to repeat itself, but it's certainly apt to rhyme when the reasons for that performance remain the same.
Overview
As the clichéd saying goes, past performance is no guarantee of future results. It is a pretty good indication of what's likely, though, if the underpinnings of that performance don't change.
To this end, assuming the stock market's long-term history repeats itself, what would, say, a $1,000 investment in the S&P 500 (SNPINDEX: ^GSPC) made today be worth 25 years from now?
Details
It's not too tough to figure out.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.