From the End of 1990 Until the End of 2005

question 289

Essay

From the end of 1990 until the end of 2005, the Standard & Poor's 500 (S&P 500) US stock index rose from 330.2 to 1248.3. If an investor had invested $50,000 in a portfolio of the shares of the 500 companies at the end of 1990 in the Index, what would the value of those shares have been at the end of 2005? (This calculation considers only the price appreciation of the original shares. It does not include the portion of the growth in the portfolio's value resulting from the receipt and reinvestment of dividends.)

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Definitions:

Gross Domestic Product

The overall value, in market or monetary terms, of every final good and service produced within a nation's borders in a set time frame.

Kitchen Appliances

Various electrical or mechanical devices used in a kitchen for performing cooking, cleaning, or food preservation tasks.

Gross Domestic Product

The cumulative market or monetary value of all completed goods and services generated inside a nation's borders during a particular timeframe.

Food Stamps

A governmental assistance program providing low-income individuals and families with funds to purchase groceries, aimed at alleviating food insecurity.