We are 1000 days into the Biden presidency. If you bought 1 share of SPY the day Biden took office…

Sharing is Caring!

by acg7

You would have paid $381.11 for it.

As of this exact second, that same share is worth $431.92

This imputes an annual ROI of 4.67%.

However inflation has been out control. And it now takes $448.43 to buy the same amount today, that you could buy for $381.11 in January of 2021.

See also  Biden Furious at Merrick Garland Because He Didn’t Work Harder to Lock Up Donald Trump Before the Election Team Biden admits lawfare

Meaning if your strategy has been just put money into SPY, your actual ROI, when adjusted for Inflation, is -1.36%. . Not only have you not made any real dollars, you’ve actually lost. For almost 3 years now.

See also  Biden Boogie! Biden’s Final Punch In The Jaw, Greatest Fiscal Deficit To Start The Year In History, Largest Debt Load, Interest Expense Now Exceeds Social Security

245 views