Customer Quote by Jeremy J. Siegel
““would take only $1.33 million invested in the stock market in 1802 to grow, with dividends reinvested, to about $18 trillion, the total value of U.S. stocks, by the end of 2012. The sum of $1.33 million in 1802 is equivalent to roughly $25 million in today’s purchasing power, an amount far less than the value of the stock market at that time.””
About This Quote
Source Book: Stocks for the Long Run, Jeremy J. Siegel, 1994
Long‑term stock market growth compounds dramatically, turning modest historic investments into massive modern wealth.
In simple terms: Small early investments can become huge over centuries.
Invest early and let compounding work.
Themes
Mood
Type
When to use this quote
- retirement planning
- financial education
- wealth building
- historical analysis
Key Concepts
Questions to Reflect On
- How would different economic crises affect this growth?
- What role do dividends play versus price appreciation?
Assumes constant market conditions and ignores risk.