NBS on Nostr: This is why I specified total returns not simply the appreciation of the S&P. That ...

This is why I specified total returns not simply the appreciation of the S&P. That SPX graph doesn’t include the dividends paid out on the basket of 500 stocks, this is called the S&P total return index. Including those dividends, which is the real yield (appreciation + dividend yield) the return of S&P assets far exceeds gold.