a comparison last 10 years $10,000 investment buy & hold, ride the wave SPY zero stock splits https://www.splithistory.com/spy/ Start date: 04/08/2011 End date: 04/07/2021 Dividends reinvested/share: $43.55 Total return: 273.24% Average Annual Total Return: 14.07% Starting investment: $10,000.00 Ending investment: $37,327.40 Years: 10.01 UPRO 4 stock splits https://www.splithistory.com/upro/ Start date: 04/08/2011 End date: 04/07/2021 Dividends reinvested/share: $0.79 Total return: 1,389.84% Average Annual Total Return: 30.99% Starting investment: $10,000.00 Ending investment: $148,944.28 Years: 10.01
^^^ yes it does, well at least for me the 74 year old retired senior. taking SPY, before the shit hit the fan when it bottomed at ~$69 on 2 March 2009, on 8 Oct 2007 it was ~$156.33. from the low $69 March 2009 it took 4 years to recover back to its Oct 2007 $156.33 price. it wasn't till 18 Nov 2019 before it doubled from $156.33 to $312.66, a time lapse of 12 yrs, 1 mth 10 days - is that approx 8.3%/yr average return/growth rate? still holding & continuing to hold, on the double, at that point you'd want to be selling OTM weekly call options. ignoring DRIP's passive income investing or wealth building. no, I haven't figured out what the real return would be doing this