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Personal Finance and Investing

progree

(11,551 posts)

2. Actually at the moment, it will take a 30.4% rise for the S&P 500 to get from now (3680) to the

Reply to Scrivener7 (Reply #1)

Mon Oct 3, 2022, 01:23 PM

Oct 2022

all-time-high (4797 on Jan 3) on the S&P 500.

A peculiarity of how percentage changes are calculated: ( to - from ) / from * 100%. So for example a drop from 4 to 3 is a 25% drop, but a rise from 3 to 4 is a 33.3% rise.

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I knew I should have bought yesterday. [View all] multigraincracker Oct 2022 OP

Jeez. Thank God. I thought that slide was never going to end. Scrivener7 Oct 2022 #1

Actually at the moment, it will take a 30.4% rise for the S&P 500 to get from now (3680) to the progree Oct 2022 #2

Yes. That is true. Scrivener7 Oct 2022 #3

Well, it's still down from recent highs. PoindexterOglethorpe Oct 2022 #4

Last time I jumped in multigraincracker Oct 2022 #5

I bought more equities when the market had gone down 20% or more. More than once progree Oct 2022 #6

I don't buy individual stocks. PoindexterOglethorpe Oct 2022 #7

You seemed to have missed what I said in my post. When did buying stocks on sale not work out? progree Oct 2022 #8

No, you should have bought the day before yesterday. mahatmakanejeeves Oct 2022 #9

Don't kick yourself just yet BWdem4life Oct 2022 #10