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Today I LearnedEnglish • 7 months ago

TIL if The Bare Naked Ladies had $1m when the song was recorded, and parked it in S&P500, they'd be rich.

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TIL if The Bare Naked Ladies had $1m when the song was recorded, and parked it in S&P500, they'd be rich.

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Today I LearnedEnglish • 7 months ago

While $1m USD in 1988 is worth only $2.6m in 2024, if they just put it in the S&P 500 back then and left it there, it’d be worth over $44.6m today.

I don’t know if the Dijon ketchup is really worth it.

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9•7 months ago
This post, for me, was really three TILs in one.

If I had $1000000 came out in 1988. I didn’t know their hits went back that far.

The inflation value of $1m USD from then to now.

The S&P gains over the same period.
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  7 months ago
  Oh! Sorry, since the name of the song wasn’t explicitly said I didn’t know what you were talking about just assumed it was about their most popular hit.
  
  I had no idea " if I had a million dollars" was from 88 either that’s crazy.

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