Appendix A. U.S. Equity Total Returns 1830 to 1925

Date

% Change

Source: Global Financial Data. Total returns as calculated by GFD to simulate a backtested S&P 500 index; not official S&P 500 data.

1830

14.29%

1831

12.50%

1832

11.11%

1833

0.00%

1834

20.00%

1835

8.33%

1836

−7.69%

1837

0.00%

1838

8.33%

1839

−7.69%

1840

8.33%

1841

−7.69%

1842

−8.33%

1843

45.45%

1844

25.00%

1845

15.00%

1846

−8.70%

1847

9.52%

1848

4.35%

1849

4.17%

1850

28.00%

1851

3.13%

1852

27.27%

1853

−9.52%

1854

−23.68%

1855

6.90%

1856

9.68%

1857

−26.47%

1858

24.00%

1859

−6.45%

1860

24.14%

1861

5.56%

1862

68.42%

1863

46.88%

1864

13.83%

1865

−2.80%

1866

10.58%

1867

8.70%

1868

17.60%

1869

8.16%

1870

11.95%

1871

13.48%

1872

12.87%

1873

−6.58%

1874

9.39%

1875

2.15%

1876

−12.18%

1877

−3.83%

1878

11.44%

1879

49.11%

1880

24.25%

1881

7.71%

1882

2.01%

1883

−3.07%

1884

−13.35%

1885

26.11%

1886

12.84%

1887

−2.75%

1888

1.89%

1889

7.59%

1890

−10.15%

1891

22.61%

1892

5.94%

1893

−15.93%

1894

2.11%

1895

4.47%

1896

1.81%

1897

16.96%

1898

23.20%

1899

9.87%

1900

18.67%

1901

19.78%

1902

4.88%

1903

−14.65%

1904

30.95%

1905

19.66%

1906

6.81%

1907

−29.61%

1908

44.52%

1909

18.94%

1910

−7.88%

1911

5.72%

1912

7.97%

1913

−9.60%

1914

−3.67%

1915

35.51%

1916

8.94%

1917

−25.26%

1918

25.56%

1919

20.67%

1920

−19.69%

1921

14.59%

1922

27.80%

1923

4.18%

1924

25.70%

1925

29.55%

Get The Only Three Questions That Count: Investing by Knowing What Others Don't now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.