• UnderpantsWeevil@lemmy.world
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    1 hour ago

    DJIA crested a new high September 3rd 1929 before stumbling 3% the next week.

    And over a century later, what has become of it?

    If someone bought $100 of stock in 1929, how much would it be worth today?

      • UnderpantsWeevil@lemmy.world
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        26 minutes ago

        $100 of the entire DJIA on September 3, 1929 adjusted annually: $13,633

        If you’d invested in January of 1929: $16,913

        If you’d invested in January of 1920: $72,275

        January of 1930: $31,708

        It’s never gone to $0