If You Invested $1,000 In SPY Stock After Lehman Brothers' Bankruptcy, Here's How Much You'd Have Today
Portfolio Pulse from Chris Katje
The article reflects on the 15th anniversary of Lehman Brothers' bankruptcy and its impact on the stock market. It also discusses the performance of investments in SPDR S&P 500 ETF Trust (SPY) and SPDR Dow Jones Industrial Average ETF Trust (DIA) since the bankruptcy. A $1,000 investment in SPY in 2008 would be worth $4,944.69 today, a return of +394.5%. Similarly, a $1,000 investment in DIA would be worth $4,458.52 today, a return of +345.9%.
September 16, 2023 | 1:57 pm
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POSITIVE IMPACT
A $1,000 investment in DIA in 2008 would be worth $4,458.52 today, a return of +345.9%.
The article provides a historical analysis of the performance of DIA since the Lehman Brothers' bankruptcy. The positive return indicates a strong performance over the past 15 years.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
A $1,000 investment in SPY in 2008 would be worth $4,944.69 today, a return of +394.5%.
The article provides a historical analysis of the performance of SPY since the Lehman Brothers' bankruptcy. The positive return indicates a strong performance over the past 15 years.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100