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Avoidable Contact #65: In defense of premarital, even teenaged, SX
They say that when you adjust for inflation, $4200 in 1988 is something like $9200 now. But it's more than that. My father was a patient and conservative investor. Putting $4200 in the S&P back in 1988 would yield 50 grand today. He was also smart enough to hop in on some tech stocks before it was too late.