$SPY gained roughly 250% from the start of 1994 to the end of 1999. And from the start of 2021 to today, it has gone up roughly 120%. So if you invested $10,000 at the start of 1994, you’d have had $35,000 by the end of 1999. If you invested $10,000 at the start of 2021 you’d now have $22,000. Are we at the top? Or is there further to go? (Numbers above include reinvested dividends)
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