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Re: gfp927z post# 323

Tuesday, 07/09/2024 4:48:15 PM

Tuesday, July 09, 2024 4:48:15 PM

Post# of 338
I remember visiting the Hershey factory when I was a kid, and I wouldn't drink milk at breakfast without some Hershey's syrup in it.

So a buy and hold mid '85 at around $3.50 would be worth $182 and up x52.

But if you bought it at around $280 during the COVID pump and dump you would be down 35%.

If you factor in inflation ....
https://www.in2013dollars.com/us/inflation/1955?amount=1
(note this is a very conservative figure, in 2013 dollars)

$1 in 1955 is worth $11.72 today



Value of $1 from 1955 to 2024

https://www.in2013dollars.com/us/inflation/1955?amount=1

Wouldn't the proper evaluation be 11.72X 182 /3.50 = $609.44

No wonder market insiders have taken over the country...

Please check my math for errors - this calculation goes from disconcerting to highway robbery....

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