Here's How Much $1000 Invested In Goldman Sachs Group 20 Years Ago Would Be Worth Today
Goldman Sachs Group (NYSE:GS) has outperformed the market over the past 20 years by 1.21% on an annualized basis producing an average annual return of 9.69%. Currently, Goldman Sachs Group has a market capitalization of $226.55 billion.
Buying $1000 In GS: If an investor had bought $1000 of GS stock 20 years ago, it would be worth $6,480.67 today based on a price of $726.03 for GS at the time of writing.
Goldman Sachs Group's Performance Over Last 20 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted-In: BZI-PODNews Trading Ideas