Mr. Izzo's Math Classes - Mt. Sinai High School
Milestones of the Dow Jones Industrial Average How long term investing really grows your wealth. Here are some milestones of the Dow Jones Industrial Average:January 1906: 100March 1956: 500November 1972: 1000January 1987: 2000April 1991: 3000March 1999: 10,000February 2009: 6500May 2013: 15,000May 2015: 18,100September 2017: 22,349October, 2021: 33,844The Rockefeller family made an investment of $6000 in the Dow Jones Index in January 1906. What would this investment be worth today? Mortimer Duke invests $4,500 in the Dow Jones Index in January 1987. Find out how much it would be worth in May 2013.John invests $20,000 into the Dow Jones Index in April 1991. Find out how much it would be worth in March of 1999.Steve the savvy investor invests $5,000 into the Dow Jones Index in November 1972. He sells all of his investments in March 1999. Steve lets his investments stay cash until February 2009, when he re-invests all of his money back into the Dow Jones index. How much was Steve’s investment worth in March 1999? How much is his final investment worth right now? What would be the difference if Steve just left his $5000 investment in the Dow Jones index the entire time from 1972 until 2021? ................
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