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<blockquote data-quote="Shoot Summ" data-source="post: 4248692" data-attributes="member: 1055"><p>$1.25 in 1964 is equivalent to $12.51 in 2024 dollars.</p><p></p><p>$1.25 invested in the S&P in 1964 would be ~$394 today.</p><p></p><p>$1.25 in 1964 would buy about 1oz of silver, which would be worth ~$27 today.</p><p></p><p>No building of wealth with silver, and the versatility and convenience that was never used had a hefty price. It was a lesson learned for me. Now gold is a different story...</p></blockquote><p></p>
[QUOTE="Shoot Summ, post: 4248692, member: 1055"] $1.25 in 1964 is equivalent to $12.51 in 2024 dollars. $1.25 invested in the S&P in 1964 would be ~$394 today. $1.25 in 1964 would buy about 1oz of silver, which would be worth ~$27 today. No building of wealth with silver, and the versatility and convenience that was never used had a hefty price. It was a lesson learned for me. Now gold is a different story... [/QUOTE]
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